What To Watch Out For When Buying Long Term Care Insurance? 
Deciding to purchase long term care insurance is an important financial decision so first and foremost be sure to work with an insurance professional with experience in long term care insurance and access to a range of top rated long term care insurance companies . That person can help you select coverage that matches your needs and preferences . There are many choices and different ways to design coverage . For example , what services are covered by the policy ? Some policies may be limited , sometimes to appear inexpensive relative to other policies so ask when benefits begin and if the policy is comprehensive or limited to nursing home care . Recent years have seen many large insurers exit the market so ask about the ratings and financial strength of the insurance companies being quoted and about the insurers history in offering long term care insurance . As you evaluate various policy features and benefits , keep in mind that the choices you make can affect the premiums you pay and the benefits you are entitled to receive . You are unlikely to want to pay for everything you would ideally like in a policy so your choice of insurance professional may be crucial in helping you determine how best to balance premium and benefits in your long term care policy . 