A 55-year-old male should expect to pay around $5,300 annually for an average linked-benefit long-term care insurance policy according to the just-published Price Index. The first price analysis comparing leading linked-benefit insurance costs and benefits was recently published by the American Association for Long-Term Care Insurance. “Linked-benefit long-term care insurance combines the benefits of a life insurance policy with a rider that can provide long-term care benefits,” explains Jesse Slome, director of the American Association for Long-Term Care Insurance. “These policies now outsell traditional long-term care insurance making it time for us to…
Read MoreCategory: Long Term Care
Is longer term care insurance a dying breed or is it just getting a second look by consumers. Learn more about this product with news and informational articles posted by experts.
Five Different Types of Senior Care Residential Homes that Could be Right for You
When it comes to thinking about senior care, it can be difficult to decide which is the right path to take. This is why it’s important to understand the different types of senior care available and what kind of residential care would suit your elderly parent or relative’s needs if they can’t live independently anymore. To give you some ideas of what options are out there, here are five examples of senior residential homes to choose from. Retirement Community A retirement community is designed for those who are still able…
Read MoreFinancial Aspects You Shouldn’t Delay
The last thing you need after years of faithful toil as an employee is to begin retirement without any means to sustain your lifestyle. Or worse still, begin your retirement in debt. To avoid such an unfortunate start to your sunset years, get your finances in order now. It’s never too early; if you’ve just secured your first full-time gig, now is the time to begin building a solid financial foundation for your future. Life Insurance Coverage Life insurance offers you a means to provide for your family when you…
Read More10 Car Accident Injuries That Can Take A While To Show Up
An accident can turn your life upside down. You may feel angry, afraid and left with little options. Or desperate for money to pay bills and medical expenses. Have You been Injured in a Car Accident? It’s pretty common for car accident victims to not realize how serious their injury actually is. Sometimes a traumatic injury can take time to materialize. Even though the injury can take time to become apparent, there may still be legal options to help you with medical bills and compensation for your injury. The best…
Read MoreStrategic Wealth Management is an Insurance Policy for Old Age
With more people living longer and healthier than ever before, it is highly recommended that you have a clear financial plan for your retirement years. Worldwide there are 901 million people over the age of 60, and most of these people will live healthy lives. The odds, and the natural cycle of life, mean that you too will join this age group at some point and thus should be prepared. It is the underlying premise of all insurance and perhaps the most pressing pre-planning that many will need to do.…
Read MoreHow to Choose the Right Life Insurance Type for You
There are many types of life insurance out there, but it is not as difficult as you might think. You can choose from whole life and term life, and the different variations on those. Term is often good for a set amount of time, and it then expires. But whole life goes for your entire life, as long as you keep making the payments. There are benefits and drawbacks of each one. Adding to Your Coverage Term life insurance is a relatively new kind of insurance available. You may wonder…
Read MoreHalf of adults over 65 lack dental insurance, study finds
A December 2019 poll conducted by the University of Michigan revealed that around 50% of adults aged 65 to 80 go without dental insurance. The same poll, titled the University of Michigan National Poll on Health Aging, also found that cost is a main factor in choosing whether or not to opt-in to dental insurance — and that NOT having dental insurance is the main reason people choose to forgo needed dental care. Lack of Insurance Affects Ability to Get Proper Care The poll found that 1 in 5 adults…
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