Category: Long-Term Care Insurance

An insurance commissioner in another state is calling for individuals to review their insurance coverage and take stock of options. This call is going out as the coastal state prepares for hurricane season, and the commissioner says that’s always a good time to look over all insurance coverage. For residents in California, weather-related issues and […]

Virtually no financial adviser will tell you it’s a bad idea to save for retirement, and everyone wants to be able to enjoy his or her golden years. One thing that can derail those years, making them financially difficult for you and for your loved ones, is an illness or injury that lands you in […]

It doesn’t matter if you have yet to purchase long term care insurance or already have a policy in place, there is a good chance you will have questions on your mind. If you neglect to answer these questions, it could pose a variety of challenges in the future. Fortunately, there is no question too […]

When it comes to your health, finances, and the future, you need to do whatever you feel is best. Regardless of the decisions you make, you must realize that you are in good position to deal with an uncertain future. For some, this means purchasing long term care insurance coverage. For others, it means considering […]

There are many benefits of purchasing long term care insurance. For example, this can kick in and pay some or all of your nursing home costs (should this be necessary in the future). While most people understand the benefits of long term care insurance, here is something that holds them back from buying: They don’t […]

When you purchase long-term care insurance, you hope you never have to make a claim. Of course, you know that there could come a day when you need to file for benefits. If you ever find yourself wanting to make a long-term care insurance claim, there are a few things you should first do. When […]

Many insurance companies feel that individuals should purchase long-term care insurance. Of course, from a consumer point of view, you may consider this nothing more than a sales tactic. But before you make a final determination, it is important to understand the pros and cons of buying a policy. Do the benefits outweigh the risks? […]

Did you know that your health care policy probably doesn’t provide much in the way of long-term care coverage? Even Medicare, which is the coverage many people rely on for paying for medical needs in late life, only covers a small portion of the long-term care needs many people experience. This gap in late-life coverage […]

You have the opportunity to purchase long term care insurance at any time. Even so, many people don’t think about this when they are young and healthy. Instead, it only comes into play as they grow older and begin to think about the need for specialized care. But here is something to remember: You will […]

When considering plans for late life, many people put a lot of effort into retirement savings and some even take time to create strong estate plans to ensure their wishes are acted upon regardless of circumstances. But what if circumstances require long-term care because of medical conditions? While many people dream of spending the rest […]