Long term life care insurance

[light]

Any opinions? My Mom's financial advisor is recommending that she get this. It is $2500 a year. My Father always dealt with the finances, unfortunately he passed away last year. She called me and asked if she should get it. I have no idea. She is 60 yrs old, retired, in great health, and is well off financially.

[REWahoo]

Quote:

Originally Posted by light Any opinions? My Mom's financial advisor is recommending that she get this. It is $2500 a year. My Father always dealt with the finances, unfortunately he passed away last year. She called me and asked if she should get it. I have no idea. She is 60 yrs old, retired, in great health, and is well off financially.

Hit the 'search' button at the top of the page, and do a search on "LTC". You will find several threads discussing the pros and cons of this coverage.

[light]

Lots of info. A well discussed topic, i see. Thanks ReWahoo.