"If not, I'd say you should look at other options to pay for your care," he says. A few insurance companies offer hybrid policies, which combine life insurance and some long-term-care coverage.
About 7.5 million Americans have some form of long-term care insurance ... about your policy. As someone who specializes in helping older adults prepare for their next phase of life, I’m ...
Long-term care insurance is coverage that will pay for assisted living, nursing home care or home health care in the event you are unable to care for yourself because of a chronic condition or ...
These policies are tied to a fixed-premium universal life insurance plan that will pay out a guaranteed minimum death benefit — even if you receive long-term care. CareMatters® II pays cash ...
There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life and business ... a long-term care insurance policy is non-taxable, and the ...
Examining the facts on the average incidence and duration of long-term care needs and who’s most likely to have a severe, sustained long-term care need. I spoke to a local investment club the ...
Another option is to buy a life insurance policy with a long-term care rider, which allows you to use the death benefit to pay for long-term care. “Depending on the insurer, this could be a ...
At the time of publishing, Genworth has suspended the sales of life ... does long-term care insurance cover? The specific coverage details depend on the insurance company and the policy.
Brian Gordon, President, Gordon Associates, talks to John about long-term care insurance, when people should start thinking about long-term care insurance, the benefits of buying the insurance ...