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Long-Term-Care Insurance: Weighing The Alternatives

Sunday, September 23, 2012 - 6:06 AM
From the Wall Street Journal
Long-term-care insurance is the financial equivalent of gum surgery: something that is often seemingly necessary, but just as often avoided at all costs.

Now, to add to its unpopularity, soaring prices are prompting consumers to rethink how much coverage they need and to experiment with other types of policies.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Saturday, October 5, 2013 - 4:33 AM
Since the long term care insurance cost is becoming more expensive these days, people are more keen in exploring their other options. Well, they are in luck because these days they can pay for their long term care expenses through life insurance, annuities, reverse mortgage and more. Aside from the traditional ltc insurance, people nowadays can pay for their long term care experiences through myriad of alternatives. This is highly recommended today because of the soaring coast of insurance and I hope people will start doing this now. They can now have coverage for their expenses without spending a lot of money.
henryboydhenryboyd1 posts since
Oct 5, 2013
Rep Points: 1