Relief to the sandwich generation

Many middle-aged adults are caught between supporting their dependent children while caring for aging parents.

This places those in their 40s and 50s a particularly difficult situation both financially and emotionally. So how can those in the sandwich generation survive without being eaten alive? By planning.

This way of planning the anticipated needs of your elderly parents is to purchase a long term care insurance policy for them. This type of policy provides quality care for your parents while helping to relieve the financial burden and the provision of care you and your family. Be aware, the assurance of long-term care is medically underwritten so that your parents must take a physical and share their medical records during the underwriting process.

In addition, if you are in your 40s or 50s and in good health, it is also a good time to consider buying a policy for yourself while premiums are more affordable.

Take a look at this infographic of LifeHealthPro using statistics from a study by Pew Research. As you can see, the need is real and you have to be prepared for the consequences.