SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about$72,000 in premiums. Now, in our late 70s, I’m trying to decide if I should accept the increases or cancel the policies. What do you think? – Robert Nobody likes paying high ...