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Longterm care insurance w pre-existing illness

By Terry Savage on November 22, 2015 | Insurance

Can you get longterm care insurance with a pre-existing illness?

Terry Says:  No, sorry.  Once your life expectancy is compromised, it’s tough to get any kind of long term care insurance.  You’ll have to rely on savings, or on relatives, if you need long term “custodial” care  — that is care for basic activities of living.  But, of course, Medicare will cover skilled nursing after a hospitalization.

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