If you are like most people considering long term care insurance (LTCI) you've probably asked yourself "what if I never need it?" You could purchase a "return of premium" rider but probably won't because of the cost. If you are married, "shared policies" or a "shared rider" is a must. Essentially ...
So you finally decide to purchase a long term care (LTC) policy, you file it away and hope you never need to use it. However, if you do find yourself in the situation where you need care, you should know how you can qualify to begin receiving your benefit payment. As we discussed ...
This is the last in a three part series covering the benefit selections required when purchasing a long term care (LTC) insurance policy from any carriers. The first installment focused on the selection of your maximum monthly benefit, the second covered the selection of the length of your benefit period, ...