Is Long Term Care Health Insurance Worth It?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaOne of the first things to consider in the purchase of any product is the value proposition of the policy offering. Is $300 a month on a long term care policy with an inflation rider, for two healthy nonsmoking 60 year olds, based on the average senior couple spending $250,000 in medical and extended care throughout their retirement years’ worth it?Answered on June 28, 2013+01+1 this answer
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11783 POINTSContact Meview profileLarry GilmorePROAgent Owner, Gilmore Insurance Services, Marysville, Washington StateIs long term care insurance worth it? Well, most people who purchase long term care do so for a couple of reasons. First the idea of spending down their assets to gain public assistance doesn't appeal. Second, they know the Long Term Care Insurance will protect their assets allowing them to receive care covered by their insurance rather than the sale of their assets.Answered on February 11, 2016+01+1 this answer 0flag this answerview more answers by Larry Gilmore
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