When Is The Right Time To Purchase Long Term Care Insurance?
12689 POINTSview profileTed RatliffOwner, SFS Associates,The best time to by Long Term Care is when you are relatively young and healthy. Most people wait until they are older and their health declines. At that point it either becomes too expensive or they cannot qualify due to their health. I would recommend looking at Long Term Care Insurance while in your forties at least. There are some new hybrid life insurance policies that combine life insurance with long term care which may be a good affordable option.Answered on June 9, 2013flag this answer
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaThe Right Time to Purchase Long Term Care Insurance is when you’re young and healthy. But most consumers really don’t consider long term care insurance until age 50. Most retirement planner recommend no later than age 60. One word of caution: if your family has a predisposition to critical illnesses, you may want to secure coverage now.Answered on June 9, 2013+01+1 this answer
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