In Part 1, of Long Term Care Insurance 101, we covered what long-term care is, why it can be so expensive, and how a long-term care insurance policy works to protect you and your family. Now that you understand the basics, two questions naturally follow: Is LTCI right for me, and if so, when should I act? The answers come down to your finances, your health, and your age, so let's walk through how to think about each one. WHO SHOULD GET LTCI? LTCI is designed to protect a port

A long-term care policy provides leverage – making your dollars go farther- and liquidity – a readily available, dedicated source of funds when care is needed. This can make a big difference for you and your loved ones physically, financially and emotionally.