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re: Long term care insurnace policies

Posted on 1/18/24 at 9:33 pm to
Posted by slackster
Houston
Member since Mar 2009
85152 posts
Posted on 1/18/24 at 9:33 pm to
quote:

I would love the down voters give their reason why this is bad idea.


It’s insurance. It is inherently a bad idea on average if you can afford to self insure. The companies don’t offer you a “good deal” or else they wouldn’t be in business.

Source: someone who sells policies with LTC/terminal illness riders.
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