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[quote=Anonymous][quote=Anonymous]My parents have your #3, and my dad got Parkinsons. I don't know how much they paid for it, but over time the benefit actually grew (somehow it was invested, so they bought $700,000 worth of coverage but as the market strengthened they ended up with closer to a million) and they will need every penny. My dad has been sick for 15 years, tapping into LTC for about 5 of those years. Each year he needs more and more care, and it is now almost 24/7 home care. My mom is pretty worried she'll get sick after he dies and there will be no more money left for her care, so after tenderly caring for him at home she'll end up in a nursing home. My sib and I will do our best to make sure that doesn't happen.

Anyway, if they didn't have that policy my mom and dad would not only be destitute and on medicaid, but my dad would be dead because nursing homes can't provide the care he needs to survive. We know that because when he goes into a nursing home post hospitalization everything goes to heck.[/quote]

At what age did your Dad get Parkinson’s? Can the premiums go up once the policy is needed?[/quote]

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