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What is the best age to purchase long term care insurance?

April 26, 2017age best Insurance purchase term

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What is the best age to purchase long term care insurance?

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The 50s appear to be the best time to purchase long term care insurance. Premiums for people in their 50s are more affordable and the insurability issues facing people in their late 60s and early 70s are not typically a problem. Finally, many people in their 50s are business owners. Because of this they may be able to tax deduct some or all of their long term care insurance premiums.