Long term care insurance is one of the most perplexing products on the market. Not only is it difficult to understand how the policies work, but it’s even harder to figure out if it’s right for you. You know long term care is expensive. You know almost 70% of seniors over age 65 will need some form of care in retirement. Still, how do you know if long term care insurance is right for your family?
It’s a complicated question worthy of your serious consideration. It’s also one of those questions whose answer is found in the answers of more questions. This article in Forbes magazine asks 10 excellent questions to help you determine if long term care insurance is something that might be right for you.