Thursday, August 03, 2006

 

Long Term Care Insurance: Know Options

You buy car insurance in case you're in a wreck. You get homeowner's insurance in case there's a fire. Doesn't it make sense to get long-term care insurance in case your health goes downhill?

It might. But the issue is complicated. States require car insurance, and the mortgage lender requires a homeowner's policy. But no one forces you to have long-term care insurance, and most people don't.

And if you are considering one of these policies, there are lots of coverage options to be weighed.

Long Term Care Insurance: Know Options
Source: Hartford Courant

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