Author Topic: Long term care insurance  (Read 678 times)

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Offline momopi

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Long term care insurance
« on: August 13, 2020, 10:35:28 AM »

Does anyone buy long-term care insurance?

Looking for recommendations.

Online nosuchreality

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Re: Long term care insurance
« Reply #1 on: August 14, 2020, 08:22:49 AM »
Inflation caps are killers.

Offline aquabliss

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Re: Long term care insurance
« Reply #2 on: August 14, 2020, 08:44:52 AM »
I’ve heard some horror stories about LTI.  What if you pay this every month for 15yrs then all of a sudden your premiums double or triple and become unaffordable?  If you stop paying you forfeit all the past premiums with no benefits.

This has happened to a lot of retired seniors even if they were promised it would not.

 

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