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Should every one have a long term insurance?

Updated: 8/16/2019
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Ccollin1

Lvl 1
12y ago

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Everyone should have a plan to pay for Long Term Care be it insurance or some other plan. Statistically around 60% of Americans will need some form of LTC in their life time. Look at LTC Insurance as insurance for your retirement. Nothing will destroy a retirement plan quicker than a nice long stay in a nursing home.

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12y ago
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Related questions

How can one get long term health insurance in the US?

One can get long term health insurance in the United States from LTC Insurance and AARP Medical Insurance. One can also get long term insurance from Long Term Care and Kaiser Permanente.


How do you handle the long term care insurance cost?

When handling long term care insurance cost, you have to choose the right policies. It is advisable if you dodge every expensive premium that may cause the increase of your payments. Furthermore, a person should consider studying the terms and other information about this. See related link


How do I get a refund on my long term care insurance policy?

You can contact the agent who sold you the policy directly and he should provide assistance in getting a refund. <a href="http://www.ltcfp.com">Long Term Care Insurance</a>


How can you find long term insurance care cost?

There are many ways to find long term insurance care. Long term insurance care can be found on websites such as Nationwide, LongTermCare, and CompareLongTermCare.


Which companies offer federal long term care insurance?

The Federal Long Term Care Insurance Program (FLTCIP) specializes in offering federal long term care insurance to eligible groups and their relatives.


How can long-term care insurance be evaluated?

Most states and counties offer free "insurance counseling services". These services can typically help you determine if long-term care insurance is appropriate for you. They'll also help you to understand some of the basic features of a long-term care policy. However, they will not tell you which policy you should buy. To get comparisons of several different policies you need to speak with a licensed insurance agent, especially an agent that specializes in long-term care insurance.


Where can one find long term care insurance?

One can find long term care insurance at many various health insurance websites like Blue Cross and Blue Shield. They have many options for long term care insurance.


What tests do insurance companies do for long term healthcare insurance?

Elderly person looking for long term health insurance do they do a blood test looking for THC?


What long term health plans do AXA offer?

The long term health plans that AXA offer include: life insurance, accidental death, long term care for the elderly, pet insurance and dental insurance.


What happens to your group term life insurance from your employer when you go on long-term disability?

As long as you're still on the payroll of the company, your group term life insurance policy should still be active. Denise Mancini Disclaimer: I work for AccuQuote and this is my personal opinion.


Where can one take out a long term care insurance policy?

One can take out a long term care insurance policy from several different places. Some of the places in which one can take out a long term care insurance policy from are: Long Term Insure Me, and Own Your Own Future.


Should you purchase long term care insurance?

Many experts has given reasons why people should purchase long term care insurance, however, it depends on several different factors, so it is important to assess yourslef first before buying long term care insurance. First, determine if you are even insuranble, second determine how risk averse you are, third, determine if you can afford and keep a long term care insurance. Ltci is a wonderful product and can help us prevent depleting all our assets in case the need for care arises, however, this is not a product that fits all. But if you are looking for the pros when you buy an ltc, you can check the related link below and find out why experts advised why you should get long term care insurance.