Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

7 Important Provisions Of Long-Term Care Insurance Policies

Thursday, October 28, 2010 - 4:30 PM
In this US News article, 7 long-term care policy provisions that should be reviewed are described.

Clark Howard has long been an advocate of long-term care polices for certain people:
Clark has long encouraged people in their late 50s and early 60s to consider buying long-term care (LTC) insurance, which pays for care in a nursing home, an assisted living facility or in your own home.
LTC insurance isn't necessary if you're so wealthy that money is no object to getting the best care, or if you're so poor that being a ward of the state makes sense. That still leaves between 65% and 80% of Americans in the middle who could benefit from it.

He also has a list of A++ companies that provide long-term care polices.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,600