Yesterday, we discussed how many adult children with an elderly parent receiving some form of long-term care naturally assume that any balance for these services following their death will either pass with them or be covered by insurance in one form or another.   To that end, we also started discussing filial responsibility laws, which […]

As difficult as it can be face the reality that an elderly parent is no longer able to thrive on their own and that long-term care may become a necessity sooner than later, adult children in this situation can nevertheless draw some comfort from the fact that the quality of nursing home and assisted living […]

Long term care insurance is used by older folks, generally those 65 or older, who are uncertain about their financial future and want to make certain that if they find themselves with a health scare later in life, that their finances will not suffer. This has become a renewed and more important factor considering the […]

It comes as no surprise that many insurance policy holders have difficulties in collecting money after filing a claim. After all, an insurance company’s goal is to make money. As a result, they do not always necessarily have your best interests or your health in mind. While there are many reputable insurance companies out there, […]

In 1974, the U.S. passed the Employee Retirement Income Security Act (ERISA) in an effort to regulate retirement plans that employers offer to their workers. In addition, it provides provisions regarding other benefits, including disability insurance plans offered to employees through the company. It does not apply to privately purchased disability insurance packages outside of […]

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Many Americans begin the new year with a resolution of some sort, such as getting in better shape, traveling more, or learning a new skill. While many of these resolutions are rarely kept, there is one that can help you find peace of mind: make January the time to review and update your insurance policies.

You’ve paid your long-term disability insurance premiums and you need your policy benefits to keep you and your family afloat now that your disability is keeping you from working. We have some bad news and some good news for you. The Bad News There’s no way around it: long-term disability claims are complicated and the […]

Unfortunately, it is not uncommon for insurance carriers to use a retroactive date exclusion to deny policyholders from their claims. If you or someone you know has received a denial letter, it is important to understand that this does not mean that nothing more can be done; you may have the claim re-examined and negotiated, […]

Employees who have worked for a company for a long time depend on their retirement and disability benefits to get them through the years after they stop working. However, all businesses have their risks, and many businesses do not survive. What happens to these benefits when a company goes out of business? Recently, the U.S. […]