Can I Get Long Term Care Insurance For My Parents?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You can get Long Term Care Insurance for your parents as long as they are willing to go along with the application process. They will need to sign the application, take the required exam, and allow their medical records to be accessed by the LTC company. It is OK for you to purchase the policy for them.
    Answered on May 29, 2013
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  2. 5877 POINTS
    Stan Cox II
    Insurance Adviser - Broker, SC Insurance Services, Oahu, Hawaii
    Yes you can obtain long term care insurance for your parents and it is a really good idea and a loving thing to do. Of course they will need to participate in the process including submitting to the medical underwriting requirements. You might want to purchase whole life policies for them and add LTC as a rider. In some cases taking that route may save you money over buying LTC by itself.
    Answered on July 1, 2015
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