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Long term care insurance policy and inflation protection


Of course. It should be one of the features that one looks if theyre considering a long-terrm care insurance. Basically, it protects your insurance policy from the effects of inflation by increasing your benefit over a number of years. With a high level of inflation protection, your LTCI policy can have double the maximum daily benefit in as little as 15 years. However, inflation protection is more expensive for those who buy their policies at an older age.

 

 
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