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Is it recommended to buy long term care insurance with inflation protection benefit?

Without an inflation protection benefit in your long term care insurance policy, you may be put in a situation in which the insurance benefits are only paying for a small portion of the actual costs of your future long term care expenses. Without inflation protection, your long term care insurance will only pay expenses based on today’s costs. If the policy is used 10 or 20 years from now, you would be required to pay the difference between what the insurance pays and the actual cost of care.

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Reply to tessflores:
Hi tess,

Inflation protection is the most important features of a long term care insurance. As we all know LTC increases almost every year, and it is best to protect your policy from increasing each year.

You can check other advantages here: http://www.completelongtermcare.com/resources/inflation-protection.aspx