When Should I Start Long Term Care Insurance?
- 63333 POINTSview profilePeggy MaceMost of the U.S.It would be best to start Long Term Care Insurance when you are healthy enough to qualify for it and young enough to get lower rates. Also, LTC rates are rising at this time, so it is a good idea to apply before rates go up further. Most experts agree that applying by age 60, if not sooner, is a good idea.Answered on June 12, 2013flag this answer
- 0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaIf you have health history in your family resulting in assisted living or nursing home confinement before the age of 70, you should start considering long term care. Most financial planners that advise retirement prospects start addressing it at age 50. But most Americans should purchase it no later than age 60.Answered on June 12, 2013+01 0+1 this answerflag this answerview more answers by David Racich
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