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LTC in the News: Is single-premium long-term care insurance worth it?

June 13th, 2024

Here are the highlights of the article:

  • What is single-premium long-term care insurance: It is a type of insurance that requires only one upfront payment. 
  • Benefit of single-premium long-term care insurance: You cannot lose coverage if you stop paying premiums. 
  • Con of single-premium long-term care insurance: The cost upfront can be high. 

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*Originally published in CBS News’ MoneyWatch: Managing Your Money

 

 

 

 

Disclaimer: The opinions expressed within these blog posts are solely the author’s and do not reflect the opinions and beliefs of Certitrek, CLTC, or its affiliates.