Category: Long-Term Care Insurance

There are many considerations when buying long term care insurance. For example, you need to know if you are even eligible to purchase a policy. You may believe you are, however, this is not always the case. Depending on the insurance company, there may be pre-existing health conditions that make it impossible for you to […]

If you have long-term disability insurance, there may come a point when you are presented with a buyout opportunity. Before you agree to a lump sum buyout, it is important to be aware of the terms and conditions. Once the buyout is complete, you are no longer in a position to receive payments from the […]

Before purchasing long-term care insurance, it makes sense to learn more about what is and is not covered. There is nothing worse than thinking you have coverage for a particular situation, just to find later on that you are responsible for making the payment out of your own pocket. Most policies on today’s market are […]

Are you thinking of buying long-term-care insurance in California? While the policy can be very helpful when you need it, there are a number of mistakes you must avoid while you shop for the right one. First of all, you don’t want to put it off for too long. Like other types of insurance–life insurance, […]

As you get older, it can be challenging to care for yourself. Even the seemingly simple tasks of daily living can become difficult. That’s why it’s not surprising that nearly 10 million adults age 65 and older receive care at home or in residential care settings other than nursing homes. That number will probably skyrocket. […]

It’s possible that a long-term care insurance system may arrive in California, as lawmakers are considering the usefulness of such a program. It would be a statewide program, and the target demographic would be residents who need long-term care insurance (LTCI) and who are in a mid-level income bracket. The actual accomplishment of creating such […]

Long-term care insurance is a means of ensuring that many of your health care costs are taken care of if you need long-term care in the future. This insurance is far from inexpensive, and according to the American Association for Long-Term Care Insurance, that cost is rising. A study completed by the AALTCI reports that […]

Many people decide not to buy long-term care insurance because they feel that they can count on their spouse or children to care for them in their old age if they are no longer to do it themselves. However, the toll on family caregivers can be great, and possibly fatal. A 2014 survey reported that […]

Some companies offer every worker long term disability insurance. Others, however, have to purchase this coverage on their own if interested. Nobody wants to think about a situation in which they are disabled for an extended period of time. Unfortunately, this happens to many people every year. From an illness to an injury, you never […]

If you do not have long-term care insurance in California, you are far from alone. In fact, some sources have shown that not even eight percent of the population of the United States has this type of insurance. What is holding everyone back? The main reason, it seems, is just that the cost is so […]