If affordability is one of the concerns that may be keeping you from seriously considering the investment in a LTCI policy, you should also take into consideration the tax benefits that go along with LTCI.
It would be wonderful to be able to say that Congress has allowed all LTCI owners to deduct the full premium […]
One of the most challenging aspects of providing long-term care is the effect that providing constant attention and care can have on family caregivers. Quite often these unpaid workers who look after their family members in the final days of their life wind up almost as ill as those that they are caring for.
This is […]
I see it every day. Folks who give a brief look at long-term care insurance just out of curiosity about what the premiums actually cost. They haven’t really investigated the real costs of long-term care otherwise though, and so they are shocked by the premiums they are quoted. Quite often, just getting quotes is the […]
There are five foundational features of most LTCI policies and they are: (1) the Daily Benefit, (2) the Benefit Period, (3) the Benefit Setting, (4) the Elimination Period, and (5) the Inflation Protection Benefit.
All five of these features are very important and have a major impact on the care you will receive under the policy […]