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Subject:  Re: Nursing Home insurance Date:  11/14/2003  8:59 PM
Author:  intercst Number:  37841 of 88807

MEG asks,

The broker wants her to look at the home insurance as a way if protecting the acct that has the $180,000 value.

He says that the premiums could be paid from the annuities accumulations since the accumulations would be taxable to heirs anyway. Not sure yet what premiums would be or how much the annuities have accumulated.

Any ideas on this or any better ideas.

This sounds like a weak/marginal case for buying long-term care insurance.

TMFPixy wrote a good series of articles on the subject about 2 years ago. Perhaps he can provide a link. I can't seem to find it on TMF.

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