Long term Care insurance
I am a 71 year old female, a widow. I am thinking about getting long term health insurance, but don’t know where to start or if I can afford it. My brother said he paid $120,000 for a policy that will cover him for life. This is impossible for me.
Terry Says
Yes, the cost of Long Term Care Insurance (which covers “custodial care” — something Medicare does not cover — depends on your age and health. But there are some policies that combine life and long term care. If you die without using the care benefits, then your heirs get a death benefit. And if you currently have some cash value life insurance, you may be able to move it into one of these “combo” policies.
Please call Brian Gordon at MAGA LTC for personal advice. His number is 800-533-6242. I get nothing out of this but the knowledge that you will be talking to the smartest guy I know in this business, and the most trusted. Use my name, or not!
