What a great approach to ask readers for the feedback - and engage with them like this. Thanks for doing this. And, by the way, is there really no chance your kids read your blog posts? :).
I am in complete agreement and have been looking for a policy with a 5+ year exclusion period for years. I have spoken to some regulators and insurance companies, but haven't made any progress. I would like to collaborate with others who are interested and see if we can make some progress on this. I have looked into hybrids and they can accomplish some of this but not fully. Here is a good article by Kitces about the topic:
https://www.kitces.com/blog/can-increasing-the-long-term-care-insurance-elimination-period-make-coverage-appealing-again/
Comments
What a great approach to ask readers for the feedback - and engage with them like this. Thanks for doing this. And, by the way, is there really no chance your kids read your blog posts? :).
Post: Grandpa’s Scholarship
Link to comment from March 26, 2023
I am in complete agreement and have been looking for a policy with a 5+ year exclusion period for years. I have spoken to some regulators and insurance companies, but haven't made any progress. I would like to collaborate with others who are interested and see if we can make some progress on this. I have looked into hybrids and they can accomplish some of this but not fully. Here is a good article by Kitces about the topic: https://www.kitces.com/blog/can-increasing-the-long-term-care-insurance-elimination-period-make-coverage-appealing-again/
Post: What I Don’t Own
Link to comment from March 4, 2023