Q: I plan to retire in early 2010 and I am thinking about getting long-term care before leaving. With the government plan going up significantly, do you advice looking at private plan? I understand, John Hancock offers both.
A: I always recommend that you compare your employer’s benefits to the retail or other options you may have available. When it comes to long-term care insurance, there are potential advantages of an individual policy over the FLTCIP, depending upon your circumstances.
— Mike Miles