Long Term Care Insurance Companies
Category Archives for Long Term Care 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 […]
CalPERS Approves Long-Term Care Premium Increase
It’s been no real surprise that many long term care insurance companies have raised their long term care insurance premiums as a result of historically low interest rates and other economic factors beyond their control. Never the less, the industry has been stunned at the recent announcement from CalPERS, the largest state-run long term care […]
Governor Jerry Brown Signs AB 999 Long Term Care Rate Protection Into Law
Over the past four years, many seniors with long term care insurance policies have received rate increases up to 40%. Governor Jerry Brown signs AB into law to protect consumers from excessive long term care insurance premium increases in California. Selecting the right long term care insurance policy requires research and due diligence. It’s important […]
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 […]
Shared Long Term Care Coverage More Couple Friendly
Cost is typically cited as the greatest reason why many forego long term care coverage, so new features that provide shared benefits between spouses may make long term care insurance more affordable. It’s really a simple idea. For example, if each spouse of a married couple has a long term care policy providing 3 years […]
