Personally, I have TWO of those policies — one fully paid years ago, and one with an annual premium. The premium can rise, but it has great features and so I keep paying the higher premiums.
It’s great peace of mind to know that I could stay in my home and have full-time care if it comes to that.
I recommend the new combo life/LTC policies — and suggest you work with an expert in the field. I always recommend MAGA LTC at 800-533-6242 in the Chicago suburbs. You can ask for Brian Gordon. Feel free to mention my name, or not, because I get nothing out of this but knowing that you will be well treated by people I trust.