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Is Insurance For Long Term Care Too Expensive?(2)

Pubdate:2010-01-31Source:Sky Insurance
***Premiums are based on information available from the long term care insurance carriers as of November 2007. Premium rates are subject to change. As you can see, the costs of insurance for long term

***Premiums are based on information available from the long term care insurance carriers as of November 2007. Premium rates are subject to change.

As you can see, the costs of insurance for long term care vary pretty substantially as you age, especially when you reach 70. So really, all we need to ask ourselves is, is the risk really worth it? With the way the economy is now, is the risk of not having insurance worth the gamble that we may not need it?

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