Long Term Care insurance

August 22, 2012

Value of Long Term Care Insurance

Long Term Care insurance (LTCi ) has been very confusing to most people. A recent headline on CNBC stated the “premiums are expensive” and at first glance you might say, I agree. But as in all things it is always best to ask “Compared to what?” Phyllis Shelton wrote an article in a recent trade publication and pointed out “Long-term care insurance premiums are a drop in the bucket compared to the cost of the type of care this valuable insurance pays for.” Shelton is the president of LTC Consultants, Nashville, Tenn., a 21-year-old consulting company that specializes in long-term care insurance consumer education and agent training. If you want to read her article you can find it at- http://www.lifehealthpro.com/2012/07/25/is-ltci-worth-it-get-real#.UCEN0sgROp4.email The LTCi market is certainly […]