Many people feel that they do not need long-term care insurance because they will pay for their care themselves. If this is the case, you should rethink this and answer this questions - What assets have you set aside to pay for your long-term care expenses? After thinking about this, is the answer your retirement savings or your children's inheritance. Or if you plan to liquidate assets to pay for your long-term care needs, please know that this may trigger penalties and tax consequences and also the loss of future earning the asset may have created.
Long-term care insurance may be a better alternative if you compare the costs of the premiums versus using assets that have been already allocated elsewhere. To talk to a professional about your long-term care choices complete this form here - http://www.longtermcareinsuranceonly.com/long-term-care-insurance-quote.htm.
Long Term Care Insurance Only is dedicated to providing consumers with the most accurate and up to date information regarding LTC Insurance. We hope that you find this website useful in your research regarding Long Term Care Insurance and if you choose to proceed to the next step by requesting a quote, a licensed agent in your state will provide you with only A rated carrier pricing.
Thursday, April 12, 2012
Planning to Use Assets to Pay for your Long-Term Care Expenses?
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Earlier I was in doubts, but my relatives have recommended me this long term care insurance. As health is probably the most valuable thing in our life, I think I will probably use this long-term insurance. Well, I must confess that I do not have enough money for this service. I guess I can use some service that gives loans for this. I wonder if I borrow fast $700 with no credit check, will it be enough to get a good care insurance? I suppose I should try. When it comes to heath, you should not hesitate about money.ReplyDelete