Not to mention that most prudent financial advisors do not recommend buying
LTC insurance until 60, and then ONLY if you _easily_ can afford the
premiums, which are subject to increases, and can do so until you need it,
and certainly NOT at the expense of other necessities ... pretty much
exactly the opposite of what the LTC insurance sellers want you to hear.
We've just gone through this with my FIL and something called "Triple Care
for Life", or somesuch, and I'm still of the opinion that something is being
espoused here based on limited experience and without the benefit of
sufficient research. I would recommend starting with the Consumer Reports
study of LTC insurance for an unbiased look at the pro's and con's.
If not, there is no doubt that "...the industry (insurance) thanks you!" ;)
Indeed.....I spent 25 years working 60-80 hrs a week without vacations,
weekends or much else (isn't self employment great<g>).....while the wife
had 3 kids and 9 different surgeries (some minor and some major). Once she
got some semblance of health back at 47 I was diagnosed (I was getting sick
several years before the actual diagnoses) with a very rare idiopathic
disorder, I tried to die, had numerous tests and surgery, take expensive
medication including pain meds to hold the disease in check. Her current
check pays the medical and the bills, luckily our derelict 100yr old house
was paid for. There is no plan to reasonably cover all of life's surprises
although a more profitable business or winning the lottery wouldn't have
I do ... it's called "filial love" ... a quality, mostly exhibited by the
female of the species, that's been taking care of the elderly since shortly
after Adam and Eve ... and bless those who exhibit such a great measure of
AAMOF, it is arguably one it one of the last great human "responsibilities"
that only a few can afford to buy their way out of.
The insurance companies want you to think their product is the answer to
this age old problem ... for most it is not. Unless, of course, you happen
to be suckling on the public tit. In that case, my tax dollars will insure
that you can.
The first casualty of a good hooker scandal is the truth.
$ 1000.00 per hour is the stuff tossed around in the courts.
Client 9, number 9, number 9, number 9, number 9, number 9........
paid $ 4300 for 3.5 hours and had a credit of $ 500 for his next
That girl isn't bad looking. As one Farker put it: " The guy who could
pull me out of that, would be the next King of England."
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