Long term care insurance - When should I purchase it?

If you are 40 or over, then the time to start shopping for a long-term care (LTC) insurance policy is now. There is no age that marks the starting point for the LTC shopping experience, but the older you get the more expensive your rates will be, which means it's best to shop as early as possible.

Why Age Matters
The younger you are when you buy your LTC policy, the longer the insurance company has to collect premiums from you before you can be expected to start utilizing the benefits. In addition the younger you are the fewer health problems you will have had and since health is a factor in determining your premiums, this could make a substantial difference.

Learn how delaying the purchasing long-term care insurance could increase in cost for you.

If you're 40 or over and you're starting to finalize your retirement planning, you shouldn't hesitate in obtaining long-term care insurance. The only thing you stand to gain by putting the purchasing decision off is a higher premium. Give us a call today at 713-227-7283 for a Houston long term care insurance quote and give you an idea of what your premiums will look like if you delay this important decision.