Long term care
I recently got an offer from my long term care insurance provider to increase my daily benefit amount without having to answer any medical questions. This will increase my daily benefit approximately $70 a day, but my yearly premium will go up 60%. Would you recommend accepting the offer?
Terry Says
The only person I trust to calculate the tradeoffs on an offer like this is my long term care insurance expert, Brian Gordon of Gordon Associates — 800-522-6242. Feel free to call him, and you can trust his advice. There are too many variables here for me to even guess at an answer.
