Long-Term Care Insurance

An increasingly popular hybrid product combines life insurance with long-term care coverage and offers buyers solutions to a number of problems that have kept people from buying traditional long-term care policies.  ...

Planning for retirement and deciding whether to buy long-term care insurance would be a lot easier if you knew your odds of needing long-term care, as well as at what age and for how long.

As long-term care insurance premiums keep rising and fewer companies are offering policies, seniors are looking for other ways to help pay for long-term care. Annuity "nursing home doublers" have emerged as a new long-term care option.

Most long-term care involves assisting with basic personal needs rather than providing medical care.

Medicaid 101

One of the incentives to buying a long-term care insurance policy is that the premiums are tax deductible. Unfortunately, many people are not taking advantage of this deduction.

As more people consider retiring abroad, questions are arising about how an overseas retirement will affect long-term care insurance benefits.

One of the most difficult decisions in long-term care planning is whether to purchase long-term care insurance and which products to purchase. Premiums are high, but it offer more care options than Medicaid planning.

Most people are deterred from buying long-term care insurance due to the high cost of the premiums—and the hope that they'll never need it. Choosing a longer elimination period is one way to reduce premiums.

Often, a married couple will be able to afford coverage for only one spouse. Looking at statistics alone, the wife should purchase the policy. ...

Elderlaw 101