Is it too late for long-term care insurance?

So with long-term care insurance, if you already have a diagnosis of a condition that requires long-term care, then you may either be rejected from qualifying from that long-term care insurance, or the premium might be more expensive than you have the availability to afford. And with long-term care insurance, these policies began many years ago, and at the time that they first started having these long-term care insurance policies, the actuaries had set up the policies so that many of them were unlimited. And what they quickly began to realize is that more and more and more people need long-term care and were accessing and using the benefits on the policies.

Created automatically from the recording. Full transcript on the webinar page.