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What are the risks invovled if someone does not purchase long term care insurance?

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Based on what you read, would your recommend long-term care insurance for someone who is 55 years of age? Why or why not?
Identify 5 features of Long Term Insurance that you believe are a ” must” when purchasing a policy. Be sure to explain why.
What are the risks invovled if someone does not purchase long term care insurance?
Which do you think is better, purchasing long term care insurance or investing your money wisely in the event someone has to be placed in a nursing home?


 

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