Common Pitfalls in Purchasing Long-term Care Insurance

An agent would ask you to buy long term care policy at age 40 to receive lower premiums

. Yes, it's true that the younger you buy LTC insurance, the lower your premiums will be; this is not always the case, though. The facility stated in your policy may no longer fit the description in the next decades because the improvement in technology happens so fast. It is advised to purchase policy within 10 years of expected use.

Common Pitfalls in Purchasing Long-term Care Insurance

By: christine

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