Long-term care insurance is an important consideration as you plan for retirement. Many Americans over 65 will need some form of care - whether it be in a nursing home, assisted care facility or in-home. Long-term care insurance can help you pay the bill when that need arises.
'For those who are either too unhealthy or old to purchase stand-alone long-term care insurance, there are other options, some of which are guaranteed issue from a medical underwriting standpoint.' It's also worth noting that your premiums may be vastly different from another 75 year-old's pricing.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: