What Age Should I Buy 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 ArizonaMost long term care advisers begin introducing extended care insurance concepts to their prospects and clients at age 50. But most seniors begin to actually purchase long term care in their early 60s. However, younger people whose families has a predisposition to disease or nursing home confinement need to consider long term care while they're healthy, even if it's before age 50.Answered on August 30, 2013flag this answer
- 63333 POINTSview profilePeggy MaceMost of the U.S.It is important to buy long term care insurance before you have a health condition that would disqualify you. If you have family members with Alzheimer's or diabetes, if you are very overweight, or have other risk factors, you may want to get your policy at a younger age.Answered on August 30, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.