LTC insurance is the biggest scam out there. I fought for 4 years for my elderly parents. Scumbags fought me on every penny. Two nursing home finance directors also confirmed what a ripoff it is.
@@RochelleParker-Mckenzie My Mother in law paid the premium for 23 years and eventually entered an assisted living facility where the LTC insurance paid the first 11 months. Another year and she was on medicaid. She should have saved the premium and used it for enjoyment.
Hybrid insurance Annuity with home care sounds like the best if can afford it . Good luck finding
one that fits there is endless videos and
options .
This is very interesting and clear. Thank you!😊
Excellent video. Thanks.
what about term insurance with living benefits?. Wont they cover benefits for CCT? (Chronic, critical and terminal illness)
Solid info - thank you!
A month?
What is the percentage of people who really need long term care?
15:50 Thank you.
Does it really take 20 minutes to answer this one question?
LTC insurance is the biggest scam out there. I fought for 4 years for my elderly parents. Scumbags fought me on every penny. Two nursing home finance directors also confirmed what a ripoff it is.
Why is it a rip off? If you get dementia or MS- what is your expectation in terms of someone caring for you?
@@RochelleParker-Mckenzie All I'm saying is that LTC is a scam. You're better off saving the money.
So is car insurance if you never get in an accident.
@@RochelleParker-Mckenzie My Mother in law paid the premium for 23 years and eventually entered an assisted living facility where the LTC insurance paid the first 11 months. Another year and she was on medicaid. She should have saved the premium and used it for enjoyment.
Why men pay less? Because the woman is the one taking care of them.