This is the second in a three part series covering the benefit selections that all long term care (LTC) insurance carriers require. The first installment focused on the selection of your maximum monthly benefit. This post, Part 2, will cover selecting your benefit period. Part 3 will address the selection of your elimination (deductible) period. Your benefit period ...
This will be the first in a three part series covering the benefit selections that all long term care (LTC) insurance carriers require. This post will cover selecting your maximum monthly benefit. Part 2 will address the selection of your benefit period with the final installment will focus on the selection of your elimination (deductible) period. The ...
No matter where you live, your state's insurance department has approved a minimum of 20 different insurance companies to sell their long term care (LTC) product to its state's residents. So how do you choose the company that will meet your needs and requirements? There are five major areas ...
Generally speaking, the younger (and likely healthier) you are, the lower your long term care insurance premiums will be. Every year you have a birthday, if you have not yet purchased a policy your premium would be higher. The older you get, the percentage of that increase becomes increasingly greater ...