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Home›Expert Advice›Long-Term Care Insurance: 7 Things You Didn’t Know About It

Long-Term Care Insurance: 7 Things You Didn’t Know About It

By Our Editorial Team  |  Published March 15, 2023

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Our editorial team verifies all financial and lifestyle information for accuracy and relevance to senior living.

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Image By Panchenko Vladimir From Shutterstock

Here are all the things people generally get wrong about long-term care insurance!

Long-term care insurance is something that a lot of retirees and even older seniors end up thinking about, yet a lot of the time it is too late to apply for it. This is because they have considered it before, but common misconceptions about this type of insurance have deterred them from applying for it in its prime time!

Be it that you are thinking that it is not worth getting because of Medicare or because of time or money issues that may be plaguing you, chances are that one of these misconceptions is among your reasons. To make matters easier for you, we have gathered the most generally believed wrong things about long-term care insurance and dispelled the myth in an easy-to-understand way!
Make sure you are covered by insurance for when you are older and need assistance!

Do you already have long-term care insurance?

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2 responses to “Long-Term Care Insurance: 7 Things You Didn’t Know About It”

  1. Deborah R. Golden says:
    April 5, 2023 at 8:16 pm

    Yes both my husband and myself have it.

    Reply
  2. Marlynn Chetkof says:
    April 14, 2023 at 11:25 am

    I’m 81 with lots of health issues. I missed the boat on this one.

    Reply

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