AdvertisementA long-term care policy isn't the same thing as your health insurance policyWallace first explained that a long-term care policy is a financial tool that covers the risk of care related to loss of activities of daily living, like bathing, eating, using the bathroom, and more.
Since I only have a health insurance policy, I asked if that would cover any of that type of care, so I didn't have to take out a long-term care policy.
"But a long-term care policy pays for people to take care of you, whether in your home or in a facility."
"You can take out a long-term care policy now at a lower premium because you're 35.
If I'm eager to go ahead and get a long-term care policy now, he did say that there is an option to do a 10-year limited pay policy.
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Keith Wallace, Wallace, I've, it's
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