Long-term care insurance firm does the right thing

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Photo: DodgertonSkillhause/morguefile.com

After paying premiums on a long-term care policy for nearly two decades, an older fellow missed a payment after suffering confusion after an accident and the loss of his wife. The insurance company cancelled the policy and then it denied his appeal. After Bamboozled wrote about the issue and the Banking and Insurance Department got involved, the insurance company changed its mind and reinstated the policy.

Read this Bamboozled column on NJ.com to learn more about this man’s victory and how to have a backup plan in case you can’t make payments.