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Tips
for Buying Long Term Care Insurance
Written
By: Attorney
Jeffrey
A. Marshall,
CELA*
REASONS YOU MIGHT WANT TO CONSIDER
PURCHASING NOW
1. Although LTCI is expensive,
it may provide important financial protection against costly needed
care.
2. LTCI can help make certain
you always receive the best possible care in the most appropriate
setting.
3. Proceeds from qualified LTCI
policies are tax- free and some premiums may be tax deductible.
4. LTCI premium costs increase
with age at purchase. Once you develop a serious medical condition,
you probably won't qualify for coverage.
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