A long term care insurance policy will protect your investments from the ravages of long term care if you end up needing it.
While any is far better than none, there are things that make you get the very best from a long term care policy.
You'll do well to ensure your policy includes such.
Here are two...
1.
Don't buy any policy that does not include a guaranteed renewal no matter how cheap.
People sometimes grow so old or have mental deterioration that makes insurers refuse to renew their policy.
With this feature no insurer can do that to you.
2.
A non forfeiture benefit is a very important feature you shouldn't be without.
With this feature, you'll get a good part of your benefits if you let the policy lapse unintentionally or you cancel it.
While you look for these and other useful features (ask your agent for others) you'll save on long term care insurance if you buy your policy when you're younger.
The older a person gets the higher their premiums.
In addition, you increase you risk of being declared uninsurable Using quotes sites for comparison shopping will allow you save up to a thousand dollars in long term care insurance.
You'll make savings if you use only one of such sites.
But, you'll get better results by using at least three.
The plain reason for this is that you'll obtain many more long term care insurance quotes from a wider range of companies.
This increases your chances of getting better offers.