Because Long Term Care Insurance (LTC) is a relatively new insurance product, I recommend that you avoid purchasing an LTC policy from any company that hasn't been in the business for at least 10 years.
Here are the two biggest provides of LTC insurance:
Last year I first took your advice from watching the Oprah's debt diet. I applied many of the ideas given and took a conservative approach to addressing my very real debt, one thing was a student loan that had haunted me for more than 10 years. I got a low interest loan and paid off my debt. I made my payoff arrangements for the loan very agressive. I gave myself 1 yr to pay it back. This meant I would have to learn to live without almost $700 per month of my income. My friends and family though ... more
In Start Late, Finish Rich, David Bach takes the "Finish Rich" wisdom that has already helped millions of people and tailors it specifically to all of us who forgot to save, procrastinated, or got sidetracked by life's unexpected challenges.
Free Finish Rich tools to help you achieve your goals.
David Bach is Vice Chairman of Edelman Financial Services LLC, a Registered Investment Advisor. He is an Investment Advisor Representative who offers advisory services through EFS and a Registered Representative of (and offers securities through) Sanders Morris Harris Inc., an affiliated broker/dealer, member FINRA/SIPC