Can You Purchase Long Term Care Insurance For Parents?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, you can purchase long term care insurance for parents. Your parents must sign their applications and take the exams ordered by the insurance company for underwriting purposes. But it is OK for adult children to gather quotes and pay the premiums for a long term care policy for their parents.
    Answered on July 20, 2013
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