My mom and dad got Long Term Care Insurance a long time ago. My dad passed away before he could collect on it, but my mom is currently getting around $13,000 a month from it and this goes up by 5% per year, so she can afford to live pretty much wherever she wants for the rest of her life. Naturally enough, insurance companies do not offer this kind of policy any more.
My mom and dad got Long Term Care Insurance a long time ago. My dad passed away before he could collect on it, but my mom is currently getting around $13,000 a month from it and this goes up by 5% per year, so she can afford to live pretty much wherever she wants for the rest of her life. Naturally enough, insurance companies do not offer this kind of policy any more.