Thursday, May 10, 2007

 

Hybrid Long-Term Care Might Be Right For You

For people worried about the rising cost of health care eating into their savings, a stand-alone insurance policy for long-term care can provide some peace of mind. It can help protect your assets in case you have extended need for assistance, including medical services and personal care.

The downside is that, in most cases, if you are lucky enough never to need coverage, you will not receive anything in return for the premiums you paid. And while premiums are meant to remain level, there is no guarantee that they will.

Hybrid Long-Term Care Might Be Right For You
Source: The Street

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