As an online insurance broker, GoldenCare partners with 18 long-term care insurance providers, including Mutual of Omaha, ...
The costs of long-term care can be shockingly ... a family member can take care of you, or you can buy long-term care insurance,” says Jesse Slome, executive director of the American Association ...
At a certain point in life, some older adults move into assisted living facilities, housing for people who need help with ...
Long-term care insurance can provide valuable protection against the high costs of extended care needs, but qualifying for coverage requires meeting specific health and age criteria. The best ...
You could opt to reduce your coverage in exchange for a slightly lower premium. For example, you might accept a shorter benefit period, reduced daily benefit amounts or other limitations. While this ...
Insurers want to manage costs and manage what premiums are.” Let’s be blunt, there were mistakes made at the start, when long-term care policies were first issued. Connecticut Insurance ...
Costs vary according to the dollar amount or length of care covered, plus other variables. Some policies refund money to your heirs if the benefits aren’t used. Another option is to buy a life ...
In this episode, we explore the pivotal role of long-term care insurance in securing financial stability and peace of mind ...
CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...
For many, life insurance with long-term care riders ... legislative changes that could alleviate the burden of long-term care costs that advisors should keep an eye on. One bill that could be ...
Genworth CEO Tom McInerney discusses the implications of millions of baby boomers needing long-term care in the future and how his company is facing the challenge of helping them fund it.
and a third that combines universal life insurance with a rider to cover long-term care costs. Nationwide customers also get access to the company's caregiver advocate tool, which helps connect ...