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When is the right time to buy? |
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Today I was reading an article at The Motley Fool, which is
an online financial publication. It aptly pointed out that deciding to
buy Long Term Care insurance is one decision and deciding when to purchase it
is another. We share concern this with
our clients all the time.
You may struggle with the question of whether or not to buy long-term care
insurance. But if you decide that you want it, choosing when to buy it
can be even more of a challenge.
Long-term care insurance pays out financial benefits to help you pay the
expenses of nursing homes, home health care, and similar needs resulting from
chronic illness or disability. Because the cost of such care is so high --
$5,000 per month or more for full-time care in a skilled nursing facility --
many financial advisors recommend insurance coverage to keep those costs from
wiping out your entire life savings.
Typical Reasons to Buy Long Term Care Now.
If one is going to purchase LTC insurance, they are usually doing
so in order to create peace of mind in their own lives. “Holding out” for a better time to buy in
order to save on long-term premium outlay is something to consider, but the
added peace of mind over the time you have the policy can really be worth so
much more.
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Request FREE Quotes Below:
The smart and easy way to shop for Long-Term Care Insurance
To receive your free policy comparisons and quotes, please complete
this simple, secure form below, and then sit back and relax. We will
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Term Care Insurance companies and have no preference to any one of
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Your customized analysis includes:
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A review of each company's financial-stability ratings, claims experience, and size.
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A thorough, side-by-side comparison of each
company's policy features.
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Price comparisons customized to suit your specific
needs for John Hancock, MetLife, Genworth (GE), Allianz, New York Life, MassMutual, Mutual of Omaha, and Prudential Financial.
» Click here to get quotes.
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