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To date, many of the baby boomers are past 50 and have not taken the advantage of these low cost premiums.
? Some LTC insurance have inflationary benefits, so if the cost of LTC facilities increase by the time you need the care, you are still covered.
S.W.O.T.
Strengths
? Protects the Elderly income and finances...
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Here you would loose everything you put into it. When you start up again it will be at a older age premium.
Opportunities
? Buy LTC early in your 50âs.
? Take advantage of inflationary policies.
? Cheap enough is you buy early to put both husband and wife on separate policies.
Threats
? Company could go out of business if youâre not with a reputable insurance carrier...
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