No. of Recommendations: 0
Maybe this board might be able to give me some ideas-

Have been contributing to a LTHC policy for the last
20 years for both my wife and myself.
Getting premium increase notices at a pretty good clip.

The worst part is reading online reviews of the company that
we are with has a high rate of not paying claims.
(Maybe those with favorable experiences don't their post positive

That would be a big bummer paying all this time and
then being refused when needed.

Hate to drop the policy now, but being 74 you just
never know...

Anyone have good/bad LTHC experiences.

One option that they give is to reduce that daily
benefit or the length of payout time. A possibility
to reduce that premium.

But any input would be appreciated.

(Hope this is the right board to ask this question
Maybe some of those friends from the mechanical investing
board that also post here will guide me...)
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.