The Long Term Care Insurance market is difficult for insurance companies to accurately forecast. Therefore, we urge our clients to buy long term care coverage with guarantees. There are many new products that, most importantly, combine life insurance and long term care. As a result, for people who need long term care insurance and life insurance, these products are worth considering.
There are many great resources about long term care that we are happy to share. If you are interested in learning more about long term care insurance, we can help. One of the better innovations is a 1-pay option. The following link is a good introduction: http://www.investopedia.com/articles/retirement/06/newltcplan.asp
Please call us at 561-869-4500 to discuss how we can help you with your existing long term care policy or new coverage with guarantees.
Also published on Medium.