Long Term Care Insurance
As suggested we purchased Long Term Care Insurance for my wife and myself in 2012,
when we were in our early 50’s. Rate increases began to happen after 5 years and are now 100% more than our original premium. Now at 65 the company is asking us to choose to severely reduce our coverage or face a 243% premium increase for starters. What are we supposed to do?
Terry Says
Copntact Brian Gordon of Gordon Associates at 800-533-6242. You can trust his advice.
It happened to me, too. He suggested the appropriate adjustment.