Even though premium rates rise with age, they are still inexpensive compared to the cost of paying for long term care expenses directly. (insuranceproviders.com)
It provides a monthly or lifetime benefit to cover long - term care expenses in the event you are unable to perform some of the daily activities of life on your own. (moneysense.ca)
A high - quality life insurance policy that lets you draw down the death benefit to pay long - term care expenses increases your flexibility. (glenndaily.com)