Is Long Term Care Insurance Worth Buying?

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   Larry GilmorePRO

   Agent Owner, Gilmore Insurance Services, Marysville, Washington State

   Is long term care insurance worth buying?   The answers going to depend on the individual and what they need rather than a blanket answer.  What Long Term Care insurance does is create money on demand to pay for services. The value of the insurance is based on the desire not to liquidate other assets to pay for services. You don't have to buy LTC coverage, but if you have anything of value, it sure is worth the thought.

   Answered on June 5, 2013

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