How to Choose Long-Term Care Insurance

SOURCES:

Susana Zinn, independent life insurance agent, Los Angeles, CA.

U.S. Department of Health and Human Services: “What is the Lifetime Risk of Needing Long-Term Services and Supports?”

Genworth Financial: “Cost of Care Survey.”

National Association of Insurance Commissioners: “Consumer Alert: 10 Things You Should Know about Buying Long-term Care Insurance,” “What You Need to Know About Long-Term Care Insurance.”

Texas Department of Insurance: “Long-term care insurance guide.”

Greg Klingler, certified financial planner, director of wealth management at the Government Employees’ Benefit Association (GEBA), Hanover, MD.

American Association for Long-Term Care Insurance: “Long-Term Care Insurance Facts, Data, Statistics — 2020 Reports.”

Bonnie Burns, policy specialist, California Health Advocates, Sacramento, CA.