The cost of long-term care insurance rose by 8.6% compared to a year ago, but that isn't likely to dissuade advisors' commitment to using it for clients. That's according to Jesse Slome, director of the American Association for Long-Term Care Insurance, which recorded the increase in rates between January 2014 and this month.

"It doesn’t really alter the advice. If a client needs it, they need it," says planner Susan Stiles, founder of Stiles Financial in Edina, Minn. Instead, she says, the higher price tag should change the way planners shop for and construct their clients' policies.

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