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Long Term Care Insurance 101 - Is Long Term Care Insurance Worth it?
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Dec 16, 2023
For More Insurance News - In this informative video, we explore the topic of long-term care insurance and its worth in consideration. We discuss how factors such as financial situation and individual circumstances play a crucial role in determining the value of this insurance, particularly in relation to retirement planning.
? For Original Article: https://www.liveinsurancenews.com/is-long-term-care-insurance-65/8557762/
Here's How it Goes in Case You'd Like to Jump Around:
00:00:00 - Start - Introduction to Long-Term Care Insurance
00:00:30 - [Is Long-Term Care Insurance Worth It](https://www.liveinsurancenews.com/is-long-term-care-insurance-65/8557762/)
00:00:39 - Average Daily Cost of assisted living facility
00:00:55 - The Cost of Long-Term Care Insurance
00:01:20 - Average Costs by Gender and Age
00:01:45 - Impact of Age on Cost
00:02:10 - Increase in Cost with Age
00:02:35 - Average Costs at Age 65
00:03:00 - Individual Circumstances and Personalized Quotes
00:03:25 - Factors to Consider
00:03:45 - Health, Life Expectancy, and Personal Preferences
00:04:15 - Final Considerations
#islongtermcareinsuranceworthit
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