You can purchase long term care insurance
at any time as long as you are able to pass medical
underwriting.Since the cost for
this insurance is generally based on your age at the time of
application, your
premiums
will be lower the younger you are when you apply.
You’ll need to weigh the availability
of your resources and your own personal financial needs to help
you decide when it’s best to apply for long term care insurance.
Here are a few words of caution as you
make your decision. It is important that you apply for long term
care insurance when you’re in good health. That’s because most
long term care insurance plans list certain medical
conditions, or combinations of conditions, that will prevent
some people from being approved for coverage.
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