August 2012 Newsletter: Is Long Term Care Insurance Worth It?
What is Long Term Care Insurance? Does it make sense for my situation? What are the alternatives? Long Term Care Insurance reimburses for expenses associated with at‐home or facility treatments for patients who are impaired and can’t perform at least two of the daily activities of living; such as bathing, dressing and eating. We normally recommend that all clients consider the purchase of long‐term care insurance when they reach the age of 50. Like medical coverage, insurers can deny coverage based on pre‐existing conditions so it makes sense to consider it while one is relatively young and...
Read More