Long-term care insurance policies are issued to applicants between the ages of 18 and 100 depending on the product and carrier. But the ideal age range is 45 to 65.
Think about people you know who have been in good health up until they had a major accident or the sudden onset of an illness that caused them to require substantial assistance from another person. These can include auto accidents, sports accidents, onset of Multiple Sclerosis, Parkinson’s, a disability like a stroke or other medical conditions.
All of these events could cause a person to need long-term care. With the medical advances today people are living longer lives but sometimes with chronic health problems. The sooner you buy insurance, the better, because once you need it, it’s too late!
Three Important Reasons Not To Wait