Long term care insurance
I am 71 and in good health. I have no family and am considering long term health insurance. I read that you can add a rider to an annuity to provide for long term care. Is this possible or would you advise going to an insurance company instead and if so, how to pick a reputable one? Thank you so much.
Terry Says
A lot depends on your current state of health. In any case, at your age, it is likely that long term care insurance would be prohibitively expensive. But the ONLY person I trust to give you excellent personal advice on this is Brian Gordon of Gordon Associates LTC — Call him at 800-533-6242. You can use my name or not, as I get nothing out of this recommendation.
