{"id":12009,"date":"2020-07-13T09:31:23","date_gmt":"2020-07-13T13:31:23","guid":{"rendered":"https:\/\/lifehappens.org\/?page_id=12009"},"modified":"2024-07-24T15:53:20","modified_gmt":"2024-07-24T19:53:20","slug":"when-should-i-buy-long-term-care-insurance","status":"publish","type":"page","link":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/","title":{"rendered":"When should I buy long-term care insurance?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; make_equal=&#8221;on&#8221; specialty=&#8221;on&#8221; padding_top_2=&#8221;20px&#8221; padding_right_1=&#8221;50px&#8221; padding_top_bottom_link_1=&#8221;false&#8221; padding_top_bottom_link_2=&#8221;false&#8221; padding_left_right_link_1=&#8221;false&#8221; padding_left_right_link_2=&#8221;false&#8221; custom_css_main_1=&#8221;border-right:1px solid #eeeeee;&#8221; _builder_version=&#8221;4.16&#8243; inner_width=&#8221;90%&#8221; inner_max_width=&#8221;none&#8221; inner_module_alignment=&#8221;right&#8221; custom_padding=&#8221;60px||||false|false&#8221; top_divider_color=&#8221;#3390ff&#8221; top_divider_flip=&#8221;vertical|horizontal&#8221; top_divider_arrangement=&#8221;above_content&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_4&#8243; specialty_columns=&#8221;3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_row_inner _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;20px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column_inner saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;\/long-term-care-insurance-101&#8243; button_text=&#8221;Long-Term Care Insurance 101&#8243; module_class=&#8221;button_icon_right&#8221; _builder_version=&#8221;4.16&#8243; custom_button=&#8221;on&#8221; button_border_width=&#8221;0px&#8221; button_letter_spacing=&#8221;0px&#8221; custom_padding=&#8221;0em|0em|0em|0em|false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.16&#8243; _dynamic_attributes=&#8221;content&#8221; header_font_size=&#8221;38px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IjxoMT4iLCJhZnRlciI6IjwvaDE+In19@[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]While long-term care insurance is usually there for you during your golden years, you\u2019ll want to consider buying it well before that time. That\u2019s because long-term care insurance rates are very dependent on your age and your health.<\/p>\n<p>What\u2019s more, almost all of today\u2019s long-term care insurance policies come bundled with life insurance coverage. This means you get two important coverages in one policy: life insurance coverage that offers your loved ones financial support if you were to pass away and long-term care coverage if a chronic illness or disability requires you to need long-term care. Like long-term care insurance rates, life insurance rates are also highly dependent on your age and your health. Learn more about the <a href=\"\/long-term-care-insurance-101\/what-are-my-options-for-long-term-care-insurance\/\">benefits of these hybrid policies<\/a>.<\/p>\n<p>Insurance professionals recommend shopping for long-term care insurance in your 40s or 50s. That\u2019s because you\u2019ll benefit from:<\/p>\n<ul>\n<li><strong>Lower rates.<\/strong> You\u2019ll pay less for coverage when you\u2019re younger and in better health.<\/li>\n<li><strong>Locked-in coverage.<\/strong> By securing coverage when you\u2019re in good health, you protect against the possibility that you won\u2019t be able to obtain coverage if you develop a chronic illness or disability later on.<\/li>\n<li><strong>Peace of mind.<\/strong> Because your long-term care insurance will almost certainly come bundled with life insurance coverage, you\u2019ll have peace of mind knowing that your loved ones would be protected if you were to pass away.<\/li>\n<\/ul>\n<p>That said, it\u2019s not too late to get coverage if you\u2019re in your 60s or beyond. Just know that you will probably pay considerably more for a policy than someone who is younger.[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner module_id=&#8221;permanent&#8221; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column_inner saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>How to Get Long-Term Care Insurance<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>There are many options for long-term care insurance to consider. A financial professional can help you find the right one that works within your budget\u2060\u2014plus, you may also be able to deduct long-term care insurance premiums from your federal and state taxes. Learn about the <a href=\"\/long-term-care-insurance-101\/where-can-you-buy-long-term-care-insurance\/\">three main ways to get long-term care insurance<\/a>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.14.2&#8243; text_font=&#8221;Montserrat|600||on|||||&#8221; text_font_size=&#8221;15px&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;58px|||20px|false|false&#8221; global_module=&#8221;2892&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Learn more<\/p>\n<p>[\/et_pb_text][et_pb_sidebar orientation=&#8221;right&#8221; area=&#8221;et_pb_widget_area_7&#8243; show_border=&#8221;off&#8221; _builder_version=&#8221;4.4.9&#8243; body_text_color=&#8221;#002838&#8243; body_font_size=&#8221;14px&#8221; body_line_height=&#8221;1.3em&#8221; custom_padding=&#8221;20px|80px|||false|false&#8221; global_module=&#8221;11348&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_sidebar][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While long-term care insurance is usually there for you during your golden years, you\u2019ll want to consider buying it well before that time. That\u2019s because long-term care insurance rates are very dependent on your age and your health. What\u2019s more, almost all of today\u2019s long-term care insurance policies come bundled with life insurance coverage. This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":11271,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-12009","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>When should I buy long-term care insurance? &#8211; Life Happens<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When should I buy long-term care insurance?\" \/>\n<meta property=\"og:description\" content=\"[et_pb_fullwidth_module_placeholder selected_tabs=&quot;all&quot;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"Life Happens\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/lifehappens.org\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-24T19:53:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/og_image_LifeHappens_logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@lifehappens\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/\",\"url\":\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/\",\"name\":\"When should I buy long-term care insurance? &#8211; Life Happens\",\"isPartOf\":{\"@id\":\"https:\/\/lifehappens.org\/#website\"},\"datePublished\":\"2020-07-13T13:31:23+00:00\",\"dateModified\":\"2024-07-24T19:53:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/lifehappens.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Long-Term Care Insurance 101\",\"item\":\"https:\/\/lifehappens.org\/long-term-care-insurance-101\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"When should I buy long-term care insurance?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lifehappens.org\/#website\",\"url\":\"https:\/\/lifehappens.org\/\",\"name\":\"Life Happens\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/lifehappens.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lifehappens.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/lifehappens.org\/#organization\",\"name\":\"Life Happens\",\"url\":\"https:\/\/lifehappens.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png\",\"contentUrl\":\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png\",\"width\":326,\"height\":50,\"caption\":\"Life Happens\"},\"image\":{\"@id\":\"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/lifehappens.org\",\"https:\/\/x.com\/lifehappens\",\"https:\/\/www.instagram.com\/lifehappens\/\",\"https:\/\/www.linkedin.com\/company\/lifehappensorg\/\",\"https:\/\/www.youtube.com\/c\/LifeHappensOrg\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"When should I buy long-term care insurance? &#8211; Life Happens","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/","og_locale":"en_US","og_type":"article","og_title":"When should I buy long-term care insurance?","og_description":"[et_pb_fullwidth_module_placeholder selected_tabs=\"all\"]","og_url":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/","og_site_name":"Life Happens","article_publisher":"https:\/\/www.facebook.com\/lifehappens.org","article_modified_time":"2024-07-24T19:53:20+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/og_image_LifeHappens_logo.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@lifehappens","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/","url":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/","name":"When should I buy long-term care insurance? &#8211; Life Happens","isPartOf":{"@id":"https:\/\/lifehappens.org\/#website"},"datePublished":"2020-07-13T13:31:23+00:00","dateModified":"2024-07-24T19:53:20+00:00","breadcrumb":{"@id":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/when-should-i-buy-long-term-care-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lifehappens.org\/"},{"@type":"ListItem","position":2,"name":"Long-Term Care Insurance 101","item":"https:\/\/lifehappens.org\/long-term-care-insurance-101\/"},{"@type":"ListItem","position":3,"name":"When should I buy long-term care insurance?"}]},{"@type":"WebSite","@id":"https:\/\/lifehappens.org\/#website","url":"https:\/\/lifehappens.org\/","name":"Life Happens","description":"","publisher":{"@id":"https:\/\/lifehappens.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lifehappens.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lifehappens.org\/#organization","name":"Life Happens","url":"https:\/\/lifehappens.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/","url":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png","contentUrl":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png","width":326,"height":50,"caption":"Life Happens"},"image":{"@id":"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/lifehappens.org","https:\/\/x.com\/lifehappens","https:\/\/www.instagram.com\/lifehappens\/","https:\/\/www.linkedin.com\/company\/lifehappensorg\/","https:\/\/www.youtube.com\/c\/LifeHappensOrg"]}]}},"_links":{"self":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/12009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/comments?post=12009"}],"version-history":[{"count":7,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/12009\/revisions"}],"predecessor-version":[{"id":27014,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/12009\/revisions\/27014"}],"up":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/11271"}],"wp:attachment":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/media?parent=12009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}