Thursday, March 19, 2015

5 Reasons to Buy LTCI Today

There are still some people who are still wondering who should purchase long-term care insurance today. One answer is not enough to appease everyone’s curiosity and besides, everyone’s needs are unique when it comes to future long term care requirements. So here are five reasons why you should get long-term care insurance today:

1. Payouts are higher and premiums are lower when enrolling in your 50s.
2. Other payment options may have tax implications.
3. You cannot wait for a diagnosis.
4. Consider hybrid insurance policies to ensure benefits.
5. ‘Self-insurance’ starts now.

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