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Long term care insurance offers protection from financial problems brought about by the expensive cost of long term care services that continues to keep rising. Also, this can protect the family members of policyholders from shouldering the expenses of their loved ones. Another thing, this can also be used as asset protection. You may not exhaust all of your money and assets as you receive contract benefits under the policy. Note, though, the the policy benefits may not cover all expenses.

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12y ago

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