Long-Term Care Insurance for the High Net Worth Client

Cordell, David M.; Langdon, Thomas P.
January 2009
Journal of Financial Planning;Jan2009, Vol. 22 Issue 1, p32
Academic Journal
The article discusses the pros and cons of people having long-term care insurance. The author states that many believe that members of the middle class are most likely to require long-term care insurance. Questions that the author believes high net worth clients should ponder regarding their financial situations when deciding whether or not to purchase long-term care insurance are discussed. Costs associated with various forms of long-term care insurance, such as self-insurance, are mentioned. Steps that people can take in order to manage the premiums associated with long-term care insurance are discussed.


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