This website is for consumers who don’t have a local insurance professional to answer their questions about long-term care insurance.
Tag: Suze Orman’s Money Class
You’re not sure LTC insurance is the best solution for you? No problem. After you read this book, you will know enough to make an informed decision and I will have done my job.
Over 99% of long-term care insurance policies sold today are tax-qualified,* which means the way to get a claim paid is the same as it is Federally controlled in order for the premiums to be tax-free according to IRS guidelines and enjoy other tax incentives. Just like you can need care physically or mentally, you can trigger the benefits in one of those two ways.
The new John Hancock Benefit Builder product has turned long-term care insurance into an investment instead of an insurance product.
CNBC allows you to vote on “Would You Buy Long-Term Care Insurance” at this story: http://www.cnbc.com/id/47703131 This article says the premiums are expensive. I hear that all the time. Are they expensive? I have to expand the question to those who make that statement. Long-term care insurance premiums are expensive compared to what? Compared to …
Size matters. When we say that about half of the long-term care insurance policies were bought at work, we are talking about a combination of true group and multi-life. Multi-life generally applies to companies with less than 100 employees but can extend several hundred What is the difference? Multi-life LTCI is simply an individual long-term …
The Community Living Assistance Services and Supports (CLASS) Act was a provision in the 2010 health care reform act (Public Law 111-148) that was supposed to provide an average benefit of $50 a day depending on the level of impairment with a lifetime (unlimited) benefit period. This benefit would grow each year based on Urban …