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Lifetime Continuation for disability insurance

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  • Lifetime Continuation for disability insurance

    I'm going through my disability policies, trying to figure out the next one to cut and I see that one of them has a lifetime continuation rider which, as I understand it, allows me convert it to a nursing home and home care insurance policy that would pay out $3k/month.

    I understand that insurance is to cover things that you can't afford--hence I'm whittling down policies--but I guess a question I have:  should 3k/mo for nursing care even be considered a benefit?  (Particularly given the value of a dollar in 25 years?)

    It's interesting, I have a plan on my IPS to terminate policies at given financial milestones, but as I read through the 3 that I have (not counting SS), there are flaws/benefits to each that is making it hard for me to determine the appropriate sequence.