Longterm Care Insurance
You know, it is often a good feeling when you look, and find solutions every now and then. For today’s topic, we will discuss a rare thing called long-term care insurance, which is quickly a becoming a more sophisticated insurance policy, and is really only best for those with assets between quarter million and two-three million dollars in assets. Often talked about as “LTC Insurance,” these policies have been around for about, oh, let’s just call it 30+ years and in recent years it has become possible to get longterm care insurance pricing from online web sites and other online sources, rather than the stodgy, old fashioned model of having a commissioned salesperson come to your home and give you the old-fashioned sales pitch – right there at your kitchen table.
We think you may find the sites referenced here to be interesting, with respect to long-term care insurance. They are certainly on the cutting edge. Want to know more? Well, prices for this type of insurance range from about $50/mo per person all the way up to about $400/mo, so you’ll want to use pre-tax dollars to pay for long term care if you can. And also, while we’re on the subject of taxes… we all know that taxes will and can be in and of itself a complicated topic, so you’ll surely want to hire professional tax advice before making any serious or even minor financial decisions regarding long-term care insurance or other derivative products.
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