Asked if she recommends long-term care insurance to her clients and if she's purchased it for herself, Seattle planner Therese Govern groans. Her response is not unusual.

Other financial planners use words like "unpalatable" and "imperfect" to describe long-term care insurance products. But, despite misgivings, many of them - although certainly not all - conclude that they and their clients should shell out for this kind of protection.

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