Those most likely to purchase long term care insurance:

Question

Quizplus · Accepted Answer

Long term care insurance is usually purchased by those who have a partner to protect. Since they are concerned about the financial impact of long term care, they purchase insurance to ensure that their partner is not burdened with the cost of care. Having children nearby or a low income are not significant factors in determining whether someone is likely to purchase long term care insurance. Pre-existing chronic conditions may make it difficult to obtain coverage, but those who already have a serious condition may not see the need to purchase insurance.

Those Most Likely to Purchase Long Term Care Insurance