When Should I Buy Long-Term Care Insurance? [VIDEO]

Wondering when the “right” time to shop for Long-Term care insurance is? If you have put it off because the thought of it seems daunting check out this month’s video. I go over some basic tips to help you decide when it is right for you!

 

  • Premiums rise modestly at age 55, but increase steeply at 65.
  • More products are being developed to meet consumer demands and the demographics of our longer lifespans.
  • You have plenty of time to do some research if you are under the age of 55.
  • Generally a good idea to purchase in late 50s to early 60s when you are less likely to be disqualified.

If you are still a little confused by the topic of LTCI check out my article “Should You Buy Long-Term Care Insurance?”

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