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Can an 80 year old person get long term care insurance?
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Yes, it is possible for an 80 year old to obtain long term care insurance, but it may be more challenging compared to someone who is younger. Long term care insurance is designed to provide coverage for the costs associated with long term care services, such as nursing home care, assisted living, and in-home care. The premiums for long term care insurance tend to increase with age, so it is important for individuals who are considering purchasing this type of insurance at the age of 80 to be aware that the premiums may be higher than for younger individuals. Additionally, the availability and specific coverage options may vary depending on the insurance company. It is recommended to research different insurance providers and compare their offerings to find a policy that suits the individual's needs and budget. Consulting with an insurance specialist who specializes in long term care insurance can also be beneficial in navigating the options available for an 80 year old seeking coverage.
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