Long term care insurance?
My DH works in a rehab setting so he is sensitive to the worst that can happen. He has life insurance, of course, and long and short term disability insurance. He also has long term care insurance (recently rose to 70/month) and an odd kind of cancer insurance (50/month for a one time payout of I think 5K, and pays so much per day for each day in intensive care, but I'm skeptical of how many days a sick person gets in ICU.) He's 42 in good health with no indication of the kinds of disease that LT insurance would be useful for, knock wood. Both of his parents are living independently (one still working) in their late 70s. There are social security benefits as well (he's always been above the maximum, though I notice they are raising the cap on that steeply every year). I am thinking the LT care insurance and the cancer insurance should go. I think it would make more sense to have LT disability on me (I pay our health insurance premiums through my part time job) or add that to our Roth contribution.
What do you all think of LT care insurance? I'm just worried this company may not even be there when he (might) need it. Although he likes to tease me about visiting from his luxurious nursing home while I'm eking it out in a state-run home :)