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re: Long term care insurnace policies

Posted on 1/13/24 at 7:21 am to
Posted by Auburn80
Backwater, TN
Member since Nov 2017
7673 posts
Posted on 1/13/24 at 7:21 am to
They cover up to $200K-$300K of expenses. You have to get the plan while you’re healthy or you won’t qualify. I’m taking the risk of having to fund it out of my 401K.
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6552 posts
Posted on 1/13/24 at 11:02 am to
There are policies that pay far more in aggregated benefits than 300k. It's all a factor of the initial benefit amounts and benefit period selected.
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