Long-term care insurance, worth it ?

[PoindexterOglethorpe]

5. I have it, but it's a paid up policy.

There's a significant death benefit if I never use the long-term care aspect, or if I use less than that dollar amount. The total long term care benefit is more than four times the death benefit. It's monthly maximum benefit amount is $3,214.00. Since I have other income I could afford a somewhat pricey nursing for a period of time.

It only covers nursing home, not assisted living, which is a bit of a shame, but having this makes me feel pretty good about my financial health if I ever do need a nursing home.

Do talk to a financial advisor, and do look very carefully at any policies you are considering. Make sure you get one with a company that's been around for a while and whose name you perhaps recognize.

There's also a surrender value that could be used, were I to feel I needed it.