What Should I Know About Long Term Care Insurance?
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaLong term care insurance mitigates the cost of assisted living at home as well as nursing home confinement. With the odds ever increasing that you'll need such services because we're living longer, it's an important part of retirement planning. You should consider long term care insurance while you're healthy.Answered on August 13, 2013flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.You should know that Long Term Care Insurance can cover all levels of care: home health, assisted living, nursing home, and others. The main thing is that the triggers are met, then it will pay the benefit. The triggers include being unable to take care of one's self in 2 or more of 6 ways, and/or mental impairment. Long Term Care Insurance offers many features that can be adjusted to get it to fit your budget. It is not taxed when collected. It allows more freedom to choose the care you want when you need it.Answered on September 2, 2013flag this answer
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