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MEDICARE DOES NOT PAY FOR LONG TERM CARE.
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Tag Archives for life insurance

Life Insurance or Long-Term Care: Make the Right Pick

Life insurance is most often purchased during the working years to manage the risk of losing one’s income due to premature death. Never the less, as the kids leave the nest and mortgages are paid for, we move toward retirement and our needs change; protecting income from premature death is no longer as important as […]

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Law Changes Define Long Term Care Value

The provisions of the Pension Protection Act of 2006 have made owning permanent life insurance and fixed annuities much more valuable by adding benefits and tax incentives. By extending tax benefits to their linkage to long term care insurance, these traditional low financial risk vehicles can now better serve multiple roles. READ MORE

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New Strategies for Long-Term Care

Changes in federal law that took effect Jan. 1 could make it cheaper for families to hedge their bets when it comes to long-term-care insurance. When it comes to long-term-care insurance, families generally fall into two camps: They’re either afraid to let their elders go without it, or they’re afraid to spend their savings on […]

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A New Approach To Long-Term Care Insurance

This practical product can protect you from the rising cost of care and provide for your beneficiaries at the same time. Learn about a long term care solution that allows you to buy long-term care coverage and have the comfort of knowing that your premium dollars will not be wasted if the coverage is not […]

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A Combo Policy For Long-Term Care

You can buy life insurance that can be used for nursing homes. Today insurers offer a new long term care solution: a life insurance policy with an “accelerated benefits rider” that promises to pay out all or part of the death benefit should the policyholder need it for long-term care. READ MORE

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