When should I purchase long term care insurance?

The optimum age for purchasing long term care insurance is between the ages of 45 and 50 because this is the age when you will get the most value for your premium dollar. Most people don't think about purchasing the coverage until they are in their 60's. Although you can still obtain coverage at that time, it will be more expensive and if you have developed health issues, it may increase your premium or even keep you from securing coverage at all. Contact the professionals at Clark-Mortenson now to discuss how long term care insurance fits into your financial strategy for a secure retirement.

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