Unlimited Long Term Care Insurance Policy Benefit Changes Explained

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Long term care insurance companies are modifying the benefits their policies pay after experiencing the high cost of unlimited benefits after a short-term contract. Many companies have nearly gone bankrupt from a single payout on a single claim. Now LTC insurance providers have made changes that you should know about before signing up for a policy.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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