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Insurance Premium Hikes.(Brief Article)

INSURANCE PREMIUM HIKES

My husband and I have a long-term-care insurance policy, and the premiums are going up by 39%. What's the best way to hold down costs? I am 67 and my husband is 70.

The first place to look is the length of the benefit period. If you have ten-year or lifetime coverage, consider cutting back to three years. A recent industry survey of 1.6 million policies found that only 14% of claims lasted longer than two years. Just 6% exceeded three. Switching from an u

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