Many life insurance policies come with options called “terminally ill” riders. These riders let policyholders use some of their death benefits for long-term care. This can be a great help, but it’simportant to know the details.Using this option can reduce the amount given to loved ones ...
While long-term care insurance premiums are an additional expense to factor into your budget,they can be worth itfor many seniors. After all, a policy can offer peace of mind and financial security in the face of uncertain future healthcare costs. But just how much should you expect to pay...
The long-term-insurance industry now is shrinking, premiums are soaring and there is no fix in sight. At the same time, government safety-net programs, already under cost-cutting pressure, are bracing for demand from more of the 77 million aging baby boomers.Kelly Greene...
In turn, long-term care insurance can be a smart bet for most seniors, despite the extra costs for a policy. But if you're considering investing in long-term care insurance, here's what you need to know about coverage options — and how much you should get to protect yourself. Get s...
What does long-term care insurance do for you? Long-term care insurance pays for the cost of personal care in the event that you become unable to perform some basic functions of living. These include eating, dressing, bathing, and walking. This care may be provided in the home, in a nu...
Start your financial and lifestyle plan for long-term care now. Meet with a local elder care and LTC planning agent to learn valuable retirement solutions.
“But I do think they are something to pay attention to … we are always looking at trending information like this and putting it out there for decision makers to use to help make informed decisions about seniors’ care.” The data indicated that long-term care residents were ...
Long-term care can be incredibly expensive for seniors. A long-term care insurance policy can help you plan for the future.
Crystal Bay River View ALLOW US TO SHOW YOU AROUND OUR SENIOR HOUSING IN YOUR AREA How and where you choose to make your new home will dictate how well you live for the rest of your life. We know that choosing a senior housing community is not easy. That’s why we are here to show...
How to Plan for Long-term Care for Seniors Senior caregiving needs will often arise quickly, after a sudden diagnosis for an age-related illness, a fall, or an incident that showcases memory loss. As Americans are living longer lives, more seniors are beginning to research senior care options...