This website is for consumers who don’t have a local insurance professional to answer their questions about long-term care insurance.
Facing a rate increase on your long-term care insurance policy? Apply Phyllis Shelton’s formula to evaluate whether or not to accept it before making any decisions.
Glen Campbell is now a permanent member of the ranks of Alzheimer’s victims. The first music artist to make #1 on the country and contemporary charts at the same time, he is Stage 6 now and sometimes requires two caregivers to be sure he is safe.
People worry more about being a burden on their kids when it comes to long-term care than they do about the exorbitant financial cost of extended health care.
Without a plan, millions of daughters will be thrust into providing care for an aging parent, at great emotional, mental and physical cost, a much greater toll than financial.
Traditional long-term care insurance isn’t the answer for everyone. I’ve been helping people up to age 85 with the five concerns listed in this article by helping them acquire a lifetime income they can’t outlive, that doubles for up to five years if they need long-term care.
There are no guarantees in life. I just heard from a grateful client who is so glad her husband bought LTC insurance.