Long-term care insurance


My wife and I carry LTCI - it escalates on a given scale, and right now would provide $7.000 per month for lifetime for either or both of us, and/or in-home care and assistance at 50% of the above. Also, upon a claim being approved, the premiums for BOTH of us stop. Additionally, we can, by contract, negotiate a special plan to meet our needs.


My sister-on-law (widowed) is in a very nice memory-care unit - and the cost is $7,000 per month