Find a Long-Term Care Insurance Expert for a Policy Quote

Find a Long-Term Care Insurance Expert for a Policy Quote

 

Find a Long-Term Care Insurance Expert for a Policy Quote

Long-term care insurance is one of the most effective ways to protect your financial well-being when you or a loved one needs care. Policies can be customized to meet a variety of care needs. And, because monthly premiums are known in advance, they can be built into a budget. Purchasing your plan early (and making sure that you understand the policy’s terms) helps you be prepared: The need for long-term care often arises when you least expect it.

This is not a practical option for those who require immediate care: insurance companies typically won’t accept elderly applicants in need of care. Even in situations where they do, premiums would be extremely expensive.

When to Buy a Long-Term Care Insurance Policy

Assuming that you’re still healthy and eligible for coverage, the ideal age to start shopping for a policy is between 60 and 65. This helps to make your policy purchase as cost-effective as possible.
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Buying long-term care insurance can be overwhelming: There are big decisions to make and lots of fine print legalese to understand.

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It’s in your best interest to talk with a financial adviser before purchasing a policy to make sure you understand its terms - and that its terms are tailored for your needs.

Find a Long-Term Care Insurance Expert for a Policy Quote

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