Can You Buy Long Term Care Insurance For Someone Else?

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   David RacichPRO

   Fountain Hills, Arizona

   Long term care policies require an owner, an insured and a payer. If the insured is willing to sign the long term care policy with someone else making the premium payments, why couldn't this arrangement move forward? A blood relative would off a degree of legitimacy in a scenario like this one. 
    

   Answered on June 6, 2013

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