Quote:
Originally Posted by Crowbob
I have maintained LT insurance since the 90’s with excellent coverage with Prudential. Premiums went up 20% this year.
I’ve paid so much into it over the years, I have to protect my ‘investment’ so I just keep paying. It’s a conundrum. I keep paying while hoping to never use it.
I choose to pay annually so it only hurts once per year (and get the slight, very slight, discount).
|
Great response Crowbob. I looked at LT insurance about ten years ago but the premiums were too much. I also asked myself "what happens if the insurance co goes broke?"
Other options are live with my daughter and family. I would not do that.
Also in the event of experiencing serious illness there is MAID or medically assisted death which I would prefer not to do.