Category: Long-Term Care Insurance

Nobody wants to think about what would happen if he or she was injured or struck ill, making it a challenge for him or her to work. While you may think you are invincible, you never know when something bad could happen. There are many reasons why it is important to have a long-term disability […]

We’ve talked about the importance of having long-term care insurance to help cover nursing home care and other assisted living expenses if a person becomes too ill or disabled to care for themselves. The critical importance of this coverage in protecting older people from potential financial ruin is obvious in an example provided by a […]

Our California readers, regardless of age, realize that they could become disabled at some point, which would make it a challenge, if not impossible, for them to work their day to day job. Insurance companies realize this, and do their best to provide consumers of all ages with long term care insurance. This cannot save […]

We’ve previously discussed the importance of long-term care insurance as part of your overall retirement plan. The American Association of Retired Persons has a good amount of information about LTC insurance on its website. Amidst that information from AARP is a discussion of where people can go to obtain LTC insurance policies, many at discounted […]

The majority of Americans believe that family members will care for them when they become old and less able to get around or care for themselves. Indeed, currently about 70 percent of long-term care is provided by relatives. The demographics of our country are changing, however. The title of a new study by the American […]

Many California residents don’t want to think about the prospect of requiring long term care in the future, but those who plan for this event are in much better position than those who overlook the importance. According to Census Bureau statistics, approximately four percent of people age 65 or older occupy nursing homes. Furthermore, almost […]

Many people shop for long term care insurance knowing that this type of policy could come in handy at some point in the future. At the same time, some people shy away from buying coverage because they are unaware of what it offers and when they can make a claim. Any of our California readers […]

Increasingly, employers are offering long-term disability insurance to their employees. However, according to the Council For Disability Awareness, the number of employees choosing to take advantage of this employee benefit decreased last year The group, which represents 19 insurance companies, found that while the number of employers rose, albeit slightly, for the second consecutive year, […]

We have discussed on multiple occasions the importance of long-term care insurance. However, according to a study by “Spectrem’s Millionaire Corner,” only a minority of people — even affluent ones — purchase it. Among people with a net worth of $5 million to $25 million, only 37 percent have it. A quarter of this group […]

Whether you live in California or in another part of the United States, buying long term care insurance is something you must consider at some point in your life. By taking a closer look at long term disability statistics, it becomes clear that many people before you have run into this type of issue. According […]