When Should You Purchase Long Term Care Insurance?

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Health Care Coverage during Retirement and other Retirement Planning topics.

When should I purchase Long Term Care Insurance?

When Should You Purchase Long Term Care Insurance?

At the age of 65 you will qualify for Medicare, but did you realize that Medicare or most insurance policies don't cover many long term care expenses? The answer is to purchase Long Term Care health insurance from a well-established insurance company. You should purchase a policy between your 50's and 60's. It is also important to note that the older you are, the more expensive the policy becomes. Choose from a company that has a long track record to help ensure that the company will be in good standing when you need its services.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Retirement Planning Tip Site? Request a Tip Now!


Guru Spotlight
Candi Wingate