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URL:  http://boards.fool.com/a-friend-of-mine-had-a-father-with-dementia-and-30771837.aspx

Subject:  Re: Big Problems wth LongTermCare Insurance Date:  7/11/2013  9:55 PM
Author:  BruceCM Number:  72571 of 78165

A friend of mine had a father with dementia. And a long-term care policy. When the time came to take advantage of that policy, the insurance company refused. The friend had to keep his father at his house for 5+ years until his father died.

This brings up the 3rd leg of why LTCI is truly high risk.

Lets say you have reached a point where you cannot perform two ADLs. You or your spouse contacts the insurer, who sends out one of their own evaluators, who takes his measurements and then two weeks later, a letter arrives denying the claim. What are you going to do? Assuming you are not mentally compromised, you will most likely be physically