Should couples buy shared long term care benefits?

A shared feature can increase flexibility, but cost, individual needs, and the total pool should be reviewed. When the contract terms are examined, long term care insurance may help pay for covered care at home, in assisted living, or in a facility when benefit conditions are met. The policy contract and current values should drive the coverage analysis, rather than assuming a sales illustration tells the whole story. Compare side by side the policy's benefit triggers, covered settings, elimination period, inflation protection, premium structure, and insurer strength before buying or replacing coverage.