Long-term care insurance options

This is a news story, published by Yahoo Finance, that relates primarily to the American Association for Long Term Care Insurance news.

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Long Term Care Insurance

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term care insurance policy

SmartAsset

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I Got a $2,000 Annual Quote for Long-Term Care Insurance - Is That a Deal or a Ripoff?

Summary

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75% Informative

Long-term care insurance is an important way to mitigate risk in retirement.

The cost of such a policy will depend on a handful of factors including your age and coverage level.

In your 50 ’s, a policy can cost between $1,000 and $2,000 per year depending on what you need according to data from the American Association for Long Term Care Insurance .

Long-term care insurance is expensive, and for many people $2,000 is a very good price.

Your state and region will determine the costs of your overall care.

Don’t forget to make sure your health care is covered too.

Keep an emergency fund on hand in case you run into unexpected expenses.

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Neutral language

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informal

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English

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