Long Term Care Insurance Companies
Tag Archives for Genworth
The Unaffordability of Long Term Care
A recent study by the AARP Public Policy Institute concludes that the likelihood of needing long term care in retirement poses a significant challenge for most households. The cost of long term care has risen each of the past five years with annual costs of $40,000-$80,000 that would financially devastate many American families. Since most […]
Battle of the Long Term Care Insurance Titans
The proverbial silver tsunami is sweeping across America and the need for long term care protection is at an all time high, but the perfect economic storm has brought the long term care insurance business to a near standstill. Just as many Americans are learning to adjust for today’s new economic realities, insurers are scrambling […]
Linked Benefit Long Term Care Insurance
Long term care insurance has always been considered one of the most difficult insurance products to understand. Unlike most policies that cover an event (homeowner’s insurance pays for damage incurred by an event like flooding, fire, or storm damage, life insurance pays out in the event of one’s death, etc.), LTC policies mitigate the financial […]
Long-Term Care: New Fixes
As long-term-care insurance gets costlier and harder to find, insurers are rolling out other options. We weigh the pros and cons. As long-term-care insurance grows increasingly expensive and harder to get, insurers are stepping into the breach with new life policies and annuities that pay out long-term-care benefits during one’s lifetime. But the new products […]
Is long-term care insurance worth the price?
People are living longer and using more benefits than anticipated. Policies are getting pricier, so does it still make sense to buy long term care insurance? READ MORE
