Chapter 20
Designing an LTC Insurance Plan
In This Chapter
• How to design the plan that’s right for you
• How much insurance you really need
• The trade-offs you can make to save money
• How to avoid common mistakes
Having a high-quality LTC insurance policy from a reputable company isn’t enough. If little thought was put into the design, you may either be paying for coverage you don’t need, or your policy may be inadequate when you require care.
Long-term care insurance is, without a doubt, the most complicated type of coverage you will ever purchase. In this chapter, I take you step-by-step through designing a policy. My goal is for you to identify the smallest and least expensive policy that meets your needs. You may, of course, decide to ...

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