Long Term Care Insurance
It is important to shop carefully for long term care insurance, it can be a complicated matter.
Premiums can be quite expensive, and, you may end up finding out that you aren’t covered for what you need when the time comes. For example, my parents have dutifully paid LTC premiums, but, when my mother needed assisted care in the home, it didn’t pay even though it was far less expensive for her to be home that in a facility.
But, as time goes on, premium rates skyrocket, and, sometimes, people end up losing everything while paying for a policy they might not be able to use.
Get professional advice, and, shop carefully for long term care insurance, you’ll be glad you did.
(via Minding Our Elders)
