The importance of insurance

With the lengthening of life that inevitably leads to more and more people of the third and fourth age, number of dependents will grow too is now estimated at 970,000 people who suffer from addiction and in 2040 they could be 1.2 million. To help these people who can only perform acts of daily life, there's Allowance personal autonomy, the APA, which offers different levels of compensation. These benefits are generally not sufficient especially when the person that suffers from an acute degree of dependence. Term care insurance developed by various insurance companies and other mutual complements the funding shortfall with varied levels of security.The loss of autonomy due to age, beyond being a physical and moral suffering, can be very expensive. Longevity gradually stretching also increases the risk of dependency. The loss of physical or psychic autonomy may be partial or total depending on its severity. Once one of the essential acts of life can not be done, we talk about loss of autonomy: move, get up, get dressed, preparing meals, eating, toileting, etc.. The government has defined the degree of dependence according to criteria established in the AGGIR. Iso-resource groups (IRM) are determined and establish the level of award to the APA to total dependence (GIR 1 and GIR 2) and the partial dependence (IRM IRM 3 and 4). The APA is also defined according to the situation, the beneficiary's resources, and its accommodation (assistance at home or institution). Remains to be borne by the person co-payments unless his income is below € 677.25 per month. The maximum benefit can range from 1 € 224.63 per month (GIR 1) to € 524.84 (IRM 4).This assistance is usually insufficient to cover all costs related to dependence and only a long term care insurance can protect against financial risks that are not covered. A dependent person who resides in a facility takes an average of 3 000 € per month against 2 000 € for one who remains at his home. Very significant costs that may create difficulties dependent person or his relatives if a long term care insurance does not offset the funding shortfall. Different contracts are offered by insurance companies and mutual societies, which vary according to the contributor's age and level of guarantees. The maximum age to subscribe to it is generally 75 years. The offer enough diverse offers 3 types of contracts: forms for funds lost, savings products and specific forms related to the output of certain life insurance contracts. The insurance fund lost is defined by additional income paid only in case of dependence, the contributions are rather modest and payments permanently lost if they are not like car insurance, which prevents the risk of accident. If addiction occurs, compensation may be important for a fee of 40 € a month, a dependent person is guaranteed up to € 1 000 per month until the end of his life. Please note, contributions increase with age. Mixed contracts that combine care insurance and life insurance are for those who have some capacity to save or who have capital to invest. The sums are mobilized more important since we must pay for both savings and protection. Usually placed on funds in euros, invested capital are transmitted entirely if the dependency does not occur.Many products exist, each insurance company or mutual propose one or several insurance contracts whose dependence guarantees differ. Innovations in this area are many and insurers can expect to develop more such services in the future. An online simulation is the guarantee of a response tailored to your needs.