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?”