LTC insurance — Taking a close look before buying is essential
Abstract: Few people want to think about the possibility that they might need long-term care (LTC). But it’s important to do so. Why? Because, if not planned for, the costs of LTC can be ruinous. This article shows the importance of balancing the value of LTC insurance benefits with the cost of the premiums. To help prospective purchasers do so, it also explains some of the terminology used in LTC policies.