2gifts asks,Do all you folks who think LTC is a bad investment feel the same about term life insurance? That's a similar product that you may pay on and never use, but I'd still rather have it to ensure that I have provided for my family. Making a claim on a term life insurance policy is pretty straightforward. Either you're dead, or your not.There are lots more hoops to jump through with an LTC policy. (can you still perform 3 out of 5 "activities of daily living"?, who measures the performance? Can it be appealed?) Plenty of opportunity for the insurer to delay or deny the claim, even after paying premiums for decades.intercst
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra