Fighting For the Spotlight

I’m not going to make the same mistake that my parents made; I’m going to start looking into Chicago long term care insurance right now. My father waited until he was ready to retire to start shopping around for long term care insurance, and by that time it was too late. The insurance providers don’t want to see someone who is on the brink of needing long term care applying for the insurance because they simply can’t make any money that way. My parents were denied coverage several times, by several companies in their attempt to obtain insurance, and when they finally found a company that was willing to extend them coverage, their premiums were through the roof. That’s why I’m starting my search nice and early, so I can pick and choose between the companies and really find the one that is best suited for my needs, and so I can lock in an ultra low monthly rate that won’t skyrocket the closer I get to actually needing the benefits. I saw how bad my parents were affected financially; I don’t want the same thing to happen to me. I worked hard for my money and I’d much rather have it in my pocket than in some insurance company’s.