LONG TERM CARE INSURANCE
My husband and I have had John Hancock Long Term Care Insurance for over 30 years. We have now been sent a Buy Out Offer. Almost $59,000 for my husband and almost $93,000 for me. After reading hundreds of terrible reviews on how John Hancock is not honoring claims, we are afraid to continue with them but also afraid to drop the insurance. My husband is 86, overall good health with some memory issues, and I am 84 still quite active. We have no one to guide us. Please advise. Many thanks!
Terry Says
Whew — you’ve already invested a lot into these policies — but at a rate of $10,000 plus per month, the money wouldn’t cover much if you took the offer and managed to save it.
There must be other options. Please call my trusted LTC expert Brian Gordon of Gordon Associations 800-533-6242. He charges for that kind of advice, but tell him you want the “Terry Savage Discount” — at least 2 for 1. You can trust every word he says.
