As a rule, the long-term care insurance requires an older person is in good shape, does not comply with any. But if a person aged 62 or more and he or she owns a house, where he has left the capital, it may make reverse mortgage to pay and home care. Total 3 borrowers are allowed, but must meet all the requirements. Paid health care has to come home because the conditions of the loan means that the house must have a permanent home for an older person, he can not live in a nursing home.

This is important for many seniors. You can continue to live in the old house with the same neighbors. They still owned the house and enjoy the higher prices that are at least as large as those interest on the loan. The lender has no chance to come home, if a borrower will pay the necessary insurance and taxes. If the reverse mortgage is used to pay for care, it is important to make a realistic plan, which covers the years enough.

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