My best friend passed away in November, and she had been paying into long-term care insurance (not sure what company) for around 20 years. The cancer had her withering away for a year, and she should’ve been in a care facility for at least the last three months, but she passed at home. When trying to arrange for long-term care through the policy, they threw up roadblocks every step of the way, and she never was able to use it. Thousands of dollars down the toilet.
DH and I had thought about signing up about 15 years ago, but didn’t. Now, just from my friend’s experience, it seems like a quasi-scam.
I agree.....a ‘legal’ scam