When to Buy Long Term Care Insurance
The best time to buy Long Term Care Insurance is before it is too late better known as you are no longer insurable - whether it be because of your age or your health. According to the AARP it is best to buy Long Care Insurance when you are middle aged, this is when you are more than likely insurable and the premiums are still affordable.
Since most Long Term Care Insurance companies do offer a "Good Health Discount" (AKA Preferred Discount) it is also a good idea to purchase Long Term Care Insurance prior to middle aged, before any health conditions arise (such as a common middle aged health condition like high blood pressure), with some carriers just because of this one condition the premiums could be up to 20% more because one may not qualify for the Good Health Discount.
Most Long TC Insurance companies will insure someone up to age 79-84, however the likelihood of getting one insured at that age is very slim, and even if one is insurable it is not likely the long term insurance will be affordable then.
Long Term care Tools
- Long Term Care Costs
- Do you need Long Term Care Insurance?
- When to buy Long Term Care Insurance
- Core benefits of Long Term Care Insurance
- Reasons to buy Long Term Care Insurance
- Caregivers role
- Long Term Care Insurance Quiz
- Long Term Care Insurance for same sex/domestic partners
- Request Long Term Care Insurance Quote