How do you start a long-term care plan?

How do you start a long-term care plan?

The unexpected need for extra assistance is often a rude awakening for the elderly. As a result, an adult child or relative usually has to make a difficult decision regarding your long-term care needs. In addition to benefiting yourself, long-term care insurance spares your family from deciding what is best for you. Knowing what long-term […]

What should a long-term care plan include?

What should a long-term care plan include?

The importance of long-term care planning is often overlooked until it is too late. You can mitigate most of your financial and emotional worries when you have a long-term care plan. Long-term care should be planned ahead of time. It can help you manage the changes in your life and keep you safe. A care […]

Financial planning for long-term care

Financial planning for long-term care

Long-term care isn’t something you want to think about, but it might be necessary at some point. It’s essential to be financially prepared for when that time comes. Planning ahead for long-term care costs is one of the most important things you can do, and you should consider them as part of your overall budget […]

Long-term care planning guide

Long-term care planning guide

Taking care of one’s long-term care needs is an essential part of retirement planning. In some way or another, most people have dealt with family members or friends who need long-term care. It is evident from these incidents that long-term care can be costly and emotionally draining for a family. Long-term care insurance can protect […]

Why is long-term care planning so important?

Why is long-term care planning so important?

No one wants to think about the chances of needing long-term care in the future. According to Genworth’s Cost of Care Survey, seven out of ten people are estimated to need long-term care. Therefore, planning for long-term care is crucial since you might require these services after age 65. Consider a long-term care plan as […]

How long is the typical free look period for long-term care insurance policies?

How long is the typical free look period for long-term care insurance policies?

Long-term care insurance can help you cover the cost of nursing care, skilled care, or respite care or even help pay for your long term care costs when needed it the most. Whether you choose life or long-term care insurance,  it is important to understand the free-look period. If you cancel your insurance within that […]

Qualifying for Long term care insurance

Qualifying for Long term care insurance

Long-term care is a broad term for various assistance programs for the elderly and disabled who cannot care for themselves. Assisted living facilities, nursing homes, and adult day care centers can provide long-term care services. A long-term care insurance policy is designed specifically for this purpose. A medical and non-medical service plan pays for the […]

Traditional long-term care insurance vs. Hybrid

Traditional long-term care insurance vs. Hybrid

Long-term care costs should be considered part of a comprehensive retirement plan. For a long time, people have purchased long-term care insurance to reduce their expenses. However, several insurance products like hybrid insurance policies have emerged in the last decade that combine life coverage with expedited or prolonged long-term care benefits. A long-term care insurance […]

Long-term care insurance for federal employees

Long-term care insurance for federal employees

With the Federal Government announcing the suspension of FLTCIP applications, federal workers have time to apply for long-term care insurance by the 18th of December, 2022.  Depending on your age, gender, and pre-existing conditions, federal employees that missed the deadline will find a broad range of options for long-term care insurance. This article will help […]

What to consider when planning for Long term care

What to consider when planning for Long term care

It is impossible to predict the future; therefore, preparing for the unforeseen is vital. The process of planning for long-term care can be overwhelming. When planning your retirement, it is essential to consider your future long-term care needs. Investing in your future healthcare now will give you a better chance of maintaining your independence and […]

Have You Heard of Long-Term Care Insurance?

Have You Heard of Long-Term Care Insurance?

Here at Policysolver we talk to clients and prospects all the time about their needs for long-term care planning.   Recently, I talked to someone in Colorado about their situation with long-term care planning and how it wasn’t going as smoothly as he would like. The person I spoke with is a son who is trying […]

How to pay for long-term care without insurance

How to pay for long-term care without insurance

Nursing home care and assisted living fees can be one of the biggest financial burdens in retirement. Having to pay long-term care costs can quickly drain your savings. Many people, therefore, have long-term care insurance to help them pay for in-home care, assisted living, or nursing home care. But what happens if you do not […]

Life Insurance vs Long-term Care Insurance

Life Insurance vs Long-term Care Insurance

Many Americans benefit from having both life insurance and long-term care insurance. Life insurance is particularly vital for the insured person while their children are young, whereas long-term care insurance is often required later in life. What is the difference? A life insurance policy pays a benefit to your dependents upon your passing. Financial assistance […]

Long Term Care Insurance Quote – What’s Important

Long Term Care Insurance Quote - What's Important

Long term care insurance quote If you’re looking for a long term care insurance quote, then it’s important to know what will be involved so you can get an accurate quote.   In this article we’ll review the key things that are used to get you an accurate long term care insurance quote. What’s included in […]

Best Long Term Care Insurance for Seniors

Best Long Term Care Insurance for Seniors

Best long-term care insurance for seniors At the moment you may be in perfect health, but If you are over 60, the chances are that your health may deteriorate and, in the not too distant future, you’ll require help with daily living, including some type of care from others. Possibly, you may end up with […]

Long Term Care Insurance Cost

Long Term Care Insurance Cost in 2022

What does long-term care insurance cost in 2023? I get it. The question is extremely relevant. What does long-term care insurance cost? And specifically what does long-term care insurance cost in 2023, especially with all the economic upheaval going on across the country. Well, like most things, the answer is it depends. In this post, […]

Asset-based long-term care insurance

Asset based long term care insurance

Asset Based Long-Term Care Is a Great Alternative To Traditional Long-Term Care Insurance A product that’s gained popularity to help provide benefits to pay for long-term care is something called asset based long-term care insurance. A traditional long-term care policy is typically a stand-alone product, but asset-based long-term care insurance combines life insurance and long-term […]

Do I Need Long Term Care Insurance?

Do I Need Long Term Care Insurance?

I think the answer to this question is – it depends. In this post, we’ll break down what long-term care insurance is used for, and whether or not it makes sense for you to consider getting a long-term care insurance policy to cover costs of care as you or your loved one’s get older and […]

Long term care quotes and why you should shop around

Long term care quotes and why you should shop around

Why long term care quotes are important We think getting quotes from multiple carriers is important as you do your long term care planning. Here’s why we think you should do that.  First off, everyone’s needs are different and each insurance carrier will likely have different prices based on the benefits of the policy that […]

Long Term Care Planning in Texas

Long Term Care Planning in Texas

Long term care costs in Texas are high and will continue to grow like most regions of the country. According to the 2021 Cost of Care study led by Carescout, the average cost of long term care in Texas will be over $45,000 per year.  When broken down by the various care options, the following […]

Top 10 Reasons to Make a Long Term Care Plan – #1

Top 10 Reasons to Make a Long Term Care Plan - #1

Most of us will need a long term care plan since most of us will need long term care. According to a study from the Urban Institute and the U.S. Department of Health and Human Services, 70% of people 65 and older will need long term care in their remaining years.  If you’re like me and you […]

Disability Insurance for Bankers (Supreme 2023 Guide)

Disability Insurance for Bankers

Regardless of what part of the banking field you’re in, you’ve put in the time, effort, and resources necessary to rise to the top of your profession, and reap the rewards of managing transactions and brokering high-value deals. However, all of that can disappear in an instant when you choose not to take preemptive measures […]

Long-Term Care for Stroke Patients (Ultimate Guide)

Long-Term Care for Stroke Patients

Strokes aren’t what people put at the forefront of their thoughts until they or a loved one suffers from one. A severe stroke can devastate the victim’s quality of life and leave them with long-term disabilities, including brain damage and restricted mobility. This sudden, destructive, life-changing event has no respect for your general health status […]

Long-Term Care Insurance for Disabled Adults: All You Need to Know 2023

Long-Term Care Insurance for Disabled Adults

Long-term care insurance is typically something aimed at older individuals, but what about disabled adults who need medical care immediately or are likely to at any moment? Can long-term care insurance for disabled adults be a useful tool, or do you still need to wait until you’re older? Maybe you’re not disabled, but a close […]

Disability Insurance for Brokers – Everything You Need to Know

Disability Insurance for Brokers

Your job as a broker is more of a mental stressor than it is a physical risk, and you most likely make a considerable income brokering the high-value deals of very well-off individuals and entities. This probably makes you consider something such as disability insurance a bit of an unnecessary expense you’re never going to […]

Does Long-Term Care Insurance Cover Dementia?

Does Long-Term Care Insurance Cover Dementia?

Long-term care insurance is often touted as a must-have insurance policy for older individuals thanks to its ability to protect their finances and ensure they get the best care possible when it’s needed. However, most people tend to assume it’s solely for things like extremely old age, those who injure themselves and can no longer […]

What is the Best Disability Insurance for Massage Therapists in 2023?

Best Disability Insurance for Massage Therapists

Being a massage therapist is a highly rewarding opportunity. You get to make a difference in the lives of everyone who comes to you for relief, and in most circumstances, you get to be your own boss in a financially fruitful field. However, just like any job, those kinds of benefits come with a few […]

The Ultimate 2023 Guide on Long Term Care for People with Mental Health Challenges

Long Term Care for People with Mental Health Challenges

When looking at health-related insurance policies and the care they cover, most people tend to think of more physical disabilities and conditions. This is especially true for long-term care insurance that most people attribute to elderly individuals who have lost control of their daily functioning or people who have been severely disabled and require 24/7 […]

What is the Waiting Period for a Disability Insurance Policy?

What is the Waiting Period for a Disability Insurance Policy?

Disability insurance is one form of insurance policy that nearly everyone should have. It’s fairly affordable, protects your income when you’re suddenly unable to work due to injury, sickness, or similar disabilities, and depending on the type of policy you get, it might support you for a six-month spat, or it might cover you all […]

What to Expect When Applying for Disability Insurance? (Supreme 2023 Guide)

What to Expect When Applying for Disability Insurance? (Supreme 2022 Guide)

You know that disability insurance is necessary, or you wouldn’t be reading this. It protects you from those unavoidable life events that send your entire way of life spiraling downward in an instant. However, it’s not as simple as just contacting an insurance company, handing over some cash, and getting a policy. In fact, it […]

Long Term Care Planning [2023] Part 3

Long Term Care Planning [2022] Part 3

In today’s post we’ll talk about one of the top reasons why long term care costs are important to consider when it comes to your long term care planning needs.   Simply put, it’s important to know that according to longtermare.gov, 70% of people aged 65 and older will experience a long term care event sometime […]

What are the Benefits of Insurance? (2023 Guide)

Benefits of Insurance

With the economy the way it is and a lot of financial hardships affecting much of the population, it’s understandable that many people might not think having various insurance policies is worth the money they’re working very hard to get. Before you learn about the benefits you should also know what does disability insurance cover. […]

Long Term Care Cost Calculator

Long Term Care Cost Calculator

We all know that costs for well… pretty much everything continue to rise. There’s devastation going in Ukraine, inflation is here, supply chains are stressed, oil and gas continue to go up…and the stock market – blah. Here’s another thing that continues to rise. It’s the  cost of care. Or the cost of long-term care […]

Disability Insurance for Physicians – All You Need to Know in 2023

Disability Insurance for Physicians

Disability insurance is a necessary form of insurance for practically everyone, but as a physician, you’re in a unique position. You’re a high-income earner, you likely have your own practice and function, at least in most capacities, as your own boss. Also, you’re a healthcare professional who probably takes good enough care of your health […]

Disability Insurance for Individuals- All You Need to Know in 2023

Disability Insurance for Individuals

Disability insurance is a necessity for pretty much anyone who can afford it, but it should be even more of a priority than some other types of health-related insurance policies. In the event you become disabled and cannot work, it can be the difference between maintaining your lifestyle or quickly losing everything you’ve worked for […]

Long-Term Care Insurance Policy Caregiver Training Requirements

Long-Term Care Insurance Policy Caregiver Training Requirements

LTCI policies pay for caregiving services and require certain standards to be met for the policy benefits. One of the usual requirements will be for the caregivers to be trained as a certified caregiver. Caregiver Training University provides online caregiver training courses, meeting state requirements for senior caregivers to become certified. Caregiver training for most […]

What Are The Reasons For Long-Term Care Insurance Rejection?

What Are The Reasons For Long-Term Care Insurance Rejection?

Do you have an elaborate life planning strategy? If you do, then you probably invested or planned to invest in a long-term care insurance policy. Depending on your choice, your annual premium prices can range from affordable to more costly policies. The goal here is simple. Financial protection even when you are no longer able […]

Long-Term Care Insurance for Young Adults- All You Need to Know

Long-Term Care Insurance for Young Adults

Young adults can deem long-term care insurance unnecessary. After all, you’re young, healthy, and have your whole life ahead of you. Why worry about nursing homes and assisted living so early in your life? Well, there are actually a lot of reasons you should be considering long-term care insurance sooner rather than later. Life is […]

What Is Long-Term Care Insurance Cost by Age? All You Need to Know

Long-Term Care Insurance

Long-term care (LTC) services are paramount for people with disabilities and chronic illnesses, whether provided at home, in an assisted living facility, or in a nursing home. Since they need daily assistance, LTC services help people with various essential tasks, ranging from activities of daily living like using the toilet, dressing, bathing, and eating. Most […]

Disability Insurance for Veterinarians – What To Know in 2023

Insurance for Veterinarians

To practice veterinary medicine you must spend years in school to obtain their DVM, one of the most valuable assets in their diverse arsenal. Naturally, becoming a professional, licensed, and certified veterinarian isn’t cheap at all. According to a recent study by the American Veterinary Medical Association in 2020, the average veterinarian school graduate faced […]

What Is Long-Term Disability Insurance & How It Works? 2023

What Is Long-Term Disability Insurance & How It Works?

There’s nothing more fulfilling than living a long and happy life with an enjoyable career. However, not everyone is lucky enough to peacefully reach retirement age after many years of working. There are numerous reasons that bring people to such life situations, many suffer from a severe illness that prevents them from participating in any […]

Disability Insurance for Chiropractors: How it Works?

Disability Insurance for Chiropractors: How it Works?

As a chiropractor, you have put yourself in a uniquely comfortable and potentially volatile financial state. Assuming you are a business owner with your own practice and plenty of clients, you’ve worked extremely hard to find financial freedom and build your work-life the way you want it while performing meaningful services. However, if you’re not […]

Long-Term Care Planning [2023] Part 2

Long Term Care Planning Part 2

Today’s post is about long term care costs and why it’s important to incorporate an understanding of them into your long term care planning.  When it comes to making a plan for your long term care needs or those for a loved one like a spouse, or a parent, the sooner you start researching the […]

Disability Insurance for Surgeons – What to Know in 2023

disability Insurance for Surgeons

As a surgeon, you’re one of the top medical professional earners in an already high-paying field of healthcare professionals. You’ve put time, energy, and resources into building your medical career, and that has brought you some unique luxuries in life. Plus, you likely take great care of yourself due to your exceptional knowledge of medical […]

Disability Insurance vs. Worker’s Compensation – What’s the Difference?

Disability Insurance vs. Worker’s Compensation

When you’re injured or take ill and can’t work, your entire life can come unraveled. Your bills don’t stop piling up, you may have extra medical care expenses on top of it, and you don’t have any usual earnings coming in. That can take you from living comfortably and enjoying the fruits of your labor, […]

Is Long-Term Care Insurance Tax Deductible? (Explained in Detail)

Is Long-Term Care Insurance Tax

A long-term care insurance policy insurance is recommended for anyone as a pre-emptive measure to make sure they will have the ability to pay for long-term care needs. Having long-term care insurance can enable you to be protected if you ever get a chronic illness, disability, or are otherwise incapable of taking care of yourself […]

The Best Disability Insurance for Dentists (2023 Guide)

The Best Disability Insurance for Dentists

As a dentist, you might not think of disability insurance too much. After all, your job is health-centered, and you likely take good care of yourself. However, disability insurance is something you absolutely need for a number of reasons, and you don’t just need disability insurance; you need the best disability insurance for dentists. In […]

Long Term Care Planning [2023] Part 1

Long Term Care Planning Part 1

Today we’re starting a quick read series around long term care planning.  Each day for the next month, we’re going to be highlighting things to consider as you spend part of 2023 doing long term planning.  So here’s Part 1. In today’s post, we’re going to talk about the concept of what it means to […]

How I learned about long term care without even knowing

How I learned about long term care without even knowing

When I was young I watched my parents take care of my mom’s parents as they grew older and needed help.  This was mostly needed for my grandmother, as her needs around the house, for things like cleaning, cooking, and hygiene weren’t easy to do on her own.  This was especially evident after my grandfather […]

Disability Insurance for Nurses – All You Need to Know in 2023

Disability Insurance for Nurses

Being a nurse comes with a relatively high income, a meaningful career, and the ability to have in-demand skills that almost always put you at an advantage when seeking employment. However, it’s not a career that is without its risks, and if you don’t have disability insurance, your dream career can take a sudden downturn […]

Disability Insurance For Small Business Owners [Definite Guide]

Disability Insurance For Small Business Owners

As a small business owner, you want to ensure that you can protect your business from any risk. That can include the risk of you falling ill and being unable to lead your business – or even work at all. Disability insurance for small business owners is a necessity in order to protect yourself and […]

The Complete Guide on Long-Term Care Insurance for Your Parents

Long-Term Care Insurance for Your Parents

You’ve probably considered your parents growing old and eventually passing at some point. This is never a positive thought or experience, but it’s a part of life. However, what happens during the period between their retirement and their final moments? For some, they’ll continue life like always, and there’s not too much to worry about […]

Disability Insurance for Consultants (Supreme 2023 Guide)

Disability Insurance for Consultants

As a consultant, you’re probably used to long days in a home office or rented office space contacting clients, managing your workflow, and trying to grow your business. You’re not exactly putting yourself in harm’s way on a daily basis. So, you don’t need disability insurance, right? Well, while it may not seem obvious, consultants […]

What Is Employee Critical Illness Insurance? [Definitive Guide]

What Is Employee Critical Illness Insurance?

Insurance is very important, especially if you have a family or people who are depending on you. We should all do our best to make sure that we never have to use our insurance, but sadly there are situations where things are simply out of our control. It’s especially true when it comes to serious […]

Long-Term Care Insurance for Veterans – What Does It Cover?

Long-Term Care Insurance for Veterans

The cost of senior care can quickly add up and become a hefty expense, even with a great retirement plan. While traditional health insurance plans cover the cost of medications, treatments, doctors’ visits, and hospitalization, they don’t cover some of the most basic living needs many seniors to need assistance with. Luckily, long-term care insurance […]

When Does Long-Term Care Insurance Start Paying Benefits? All You Need Know [2023]

Insurance Start Paying Benefits

Insurance is a big part of our lives, and it’s essential to start investing in the right insurance plan as soon as possible. They’re beneficial for anyone looking for something that can protect them, their family members, business, or property from financial losses in case of an illness or an accident. Different insurance plans are […]

Long Term Disability vs. Long Term Care Insurance [Key Differences]

Long Term Care Insurance

As you age, it’s critical to start preparing for everything that the future may hold. You never know whether an accident can render you unable to work or whether an illness can make it difficult to take care of your basic needs when you’re older. While no one likes thinking about these situations, it’s always […]

Disability Insurance for Employers — What Does It Cover?

Disability Insurance for Employers

The unpredictability of human life is something that many people struggle with daily. Bad things can happen to anyone, seemingly out of nowhere, and derail their entire life and the lives of their family members. Accidents, injuries, sickness, natural disasters — you name it, it can happen. That’s why we have such a diverse market […]

What Does Disability Insurance Cover? [Explained in Detail]

Disability Insurance

The Council for Disability Awareness reports that one in four of today’s 20-year-olds might experience an injury or illness that prevents them from working for at least a year before reaching retirement. The same report reveals that three in ten Americans can’t afford an unexpected $400 bill. They typically have to go over their credit […]

What Is Long-Term Acute Care Insurance? [Explained In Detail]

What Is Long-Term Acute Care Insurance?

First of all, there’s nothing called Long-Term Acute Care Insurance.  However, there is something called long term care insurance, and this is something that can be used to help pay for long-term acute care. In this article we’ll discuss all of this and how they are related. First off, more than 10 million Americans aged […]

Medicare vs. Medicaid – Top 3 Differences

Medicare vs. Medicaid

Our health and the health of our families is always a top priority. That’s why long term care for your parents is so important. With the market for medical insurance constantly changing, as well as our needs when it comes to medical care, we are constantly on the hunt for ways to improve our coverage […]

Accident and Critical Illness Insurance – All You Need to Know in 2023

Accident and Critical Illness Insurance

First off, there is no such thing as accident and critical illness insurance.   However, critical illness insurance is a product, and it may be able to cover illnesses that you have suffered due to to an accident.  So, if you’re Googling “accident and critical illness insurance,” and you found this post, then we’ll do our […]

What Are The Exclusions In Disability Insurance? All You Need To Know

What Are The Exclusions In Disability Insurance?

If you are paying a monthly or yearly disability insurance premium to ensure you’re covered for an injury or disabling illness, you should know that you may not get the treatment coverage you initially expected. The fine print of disability insurance strictly defines under which circumstances you’ll receive timely benefits. While it may sound troubling, […]

Which Long Term Care Insurance Is the Best? [2023 Guide]

Which Long Term Care Insurance Is the Best?

Leaving it to your kids or anyone else to take care of you every day when you get older may not be the best way to go. That’s a huge responsibility that requires a lot of sacrifices, and you would not want your loved ones to spend their lives that way. Individual long-term care insurance […]

What Is the Best Insurance for Cancer Patients?

What Is the Best Insurance for Cancer Patients?

Although the human race is experiencing higher global life expectancy levels than ever before, certain diseases prevent many individuals from spending more quality time with their loved ones. Cancer, a disease more and more people suffer from, has been a major source of concern for many years now. While medical experts do everything in their […]

Disability Insurance For Teachers – What To Know In 2023

Disability Insurance For Teachers

It’s no secret that teachers in the US are grossly underpaid. With an average salary of $63,645 a year and average student loans exceeding $58,700, many struggle to take care of their daily expenses, cover their bills, or make their mortgage payments on time. Most teachers are even forced to take on second jobs just […]

What Does Long-Term Care Insurance Cover? 2022 Guide

What Does Long-Term Care Insurance Cover?

There seems to be an insurance option for nearly everything. Some are more straightforward and obvious, and some are a little more obscure or seem like they may not be as necessary. Long-term care insurance usually falls into the latter category if you’re young or in good health, but there are actually some very good […]

Where to Buy Long-Term Care Insurance (Explained and Updated 2023)

Where to Buy Long-Term Care Insurance

Long-term care insurance is a necessity for most people. It guarantees that you can get the hands-on care you need if you become unable to fully take care of yourself; whether you’re old or young. However, understanding what it is and where to get the right insurer and policy for you or a member of […]

Top 10 Reasons To Make a Long Term Care Plan [2023 Update]

Top 10 Reasons To Make a Long Term Care Plan

There are so many things that make Long Term Care planning incredibly important. Here is our Top 10 list for 2022. We also created a cool infographic to share. Check it out. To share this image on your site: Please include attribution to policysolver.com with this graphic. 1. 70% of people 65 and older will […]

Washington Cares Act Update. What Does It Mean For Long-Term Care Funding?

Washington Cares Act Update. What Does It Mean For Long-Term Care Funding?

  As recently reported by The Seattle Times, The Washington Cares Act (WA Cares Act), which is a bill in Washington State to address Long Term Care Planning and how to pay for Long Term Care, has been delayed until July 2023, giving more time for lawmakers to address issues to make the program as […]

What Is The Best Disability Insurance For The Self-Employed? [Supreme 2023 Guide]

Disability Insurance

Navigating disability insurance can be hard enough at the best of times, but self-employment adds another hoop to jump through. In addition, disability insurance can often seem confusing or overwhelming. Luckily, we are here to help guide you through finding the best disability insurance for the self-employed! In most cases, working with a trusted insurance […]

What Does Critical Insurance Cover? Everything You Need To Know.

What Does Critical Insurance Cover?

Critical illness insurance or catastrophic illness insurance is an insurance policy that provides coverage for persons who find themselves in medical emergencies due to critical illnesses and diseases. Because these medical conditions tend to incur unplanned medical costs and additional expenses, critical illness insurance policies provide additional funds in the form of payout cash to […]

What Does Critical Insurance Cover? Everything You Need To Know

What Does Critical Insurance Cover?

Critical illness insurance or catastrophic illness insurance is an insurance policy that provides coverage for persons who find themselves in medical emergencies due to critical illnesses and diseases. Because these medical conditions tend to incur unplanned medical costs and additional expenses, critical illness insurance policies provide additional funds in the form of payout cash to […]

Is Critical Illness Insurance Worth It? [Complete 2023 Guide]

Is Critical Illness Insurance Worth It?

Illness and disease are unpredictable and strike when you least expect it. This is especially true as you get older, when certain ailments such as strokes and heart attacks become more common. Insurance typically helps cover some of these, but medical bills can still be extreme. A critical illness can often derail your entire life. […]

Critical Illness Insurance for Diabetics [Definitive 2023 Guide]

Critical Illness Insurance for Diabetics

Many people today have diabetes, a health condition that’s becoming more and more prevalent in today’s society. Although the symptoms and conditions of diabetes can vary, it goes without saying suffering from diabetes will drastically change your life. Even though diabetes by itself isn’t a life-threatening condition, it can lead to more serious health complications. […]

Is Long-Term Care Planning Necessary?

Is Long-Term Care Planning Necessary?

In one word – absolutely. My mother and father didn’t have a plan. They had some luck and some money, but they didn’t truly have a plan. When you don’t have a plan you get caught off guard, you get put in a difficult position, and you don’t have a good path forward. You have […]

How Does Disability Insurance for Athletes Work? (2023 Guide)

How Does Disability Insurance for Athletes Work?

Disability insurance is a crucial investment for anyone. After all, it’s often the sole source of income when you’re exposed to a life-changing injury or condition. However, athletes should take it even more seriously. If you’re participating in a sport, you’re putting your body and health on the line every time you hit the field […]

Disability Insurance for Attorneys (2023 Guide)

Disability Insurance for Attorneys

As an attorney, you probably make a considerable income, and you most likely don’t do any strenuous physical activity that puts you at risk of injury. So, you might think that paying for a disability insurance policy is a waste of money that can be invested more fruitfully elsewhere. However, that’s not the case. The […]

What Is The Best Critical Illness Insurance Plan in 2023?

What Is The Best Critical Illness Insurance Plan in 2023?

An acute illness can lead to many changes like income loss, lifestyle changes, or a disability, which come with additional financial burdens. That’s why it simply makes sense to pay for an insurance plan in these situations. More specifically, you should be considering a critical illness insurance plan. People need added insurance when they have […]

Aging & Long-Term Care: How it Works?

Aging & Long-Term Care: How it Works?

When it comes to aging and long-term care, many people don’t bother with advance care planning. Most of them don’t even know what long-term care is until they or their loved ones need it. However, if you wait to make a plan in advance, you might end up with financial troubles, as long-term care can […]

Critical Illness Insurance: What Is It? Who Needs It?

Critical Illness Insurance: What Is It? Who Needs It?

A study published in the American Journal of Public Health found that medical bankruptcies account for 66.5% of all bankruptcies in the United States. It’s easy to understand why nearly one in three Americans delay getting the necessary medical care because of cost concerns. Medical expenses in the US can be so high that they […]

Long-Term Insurance Subcategory A [Definitive 2023 Guide]

Long-Term Insurance Subcategory A

Long-term insurance is a broad category of coverage that is used to pay for long-term care needs associated with Activities of Daily Living (ADLs). It’s generally associated with older people requiring care workers in your home, assisted living facilities, or residence in a nursing or skilled care home. However, long-term care is not necessarily limited […]

Disability Insurance for Accountants: What To Know in 2023

Disability Insurance for Accountants

Protecting your income is one of the most important things you can do for yourself and your family. If you recently became injured or sick at your job and couldn’t work for a while, you will need a good option to make you feel financially safe and secure at home while recovering so you can […]

Understanding Disability Insurance for Doctors

Understanding Disability Insurance for Doctors

Most people pay attention to life insurance that covers them and their family members in case of a terrible accident. However, like many people, doctors have a much greater probability of suffering from a disability that impedes their ability to work than from dying prematurely. In such cases, a very small percentage of people have […]

Medicare Without Supplement | Is It Enough? [Definitive Guide 2023]

Medicare Without Supplement | Is It Enough?

Medicare without supplement can be a cause for concern, depending on your overall health and well-being. A Medicare supplemental policy is designed to provide a more comprehensive health insurance coverage that reduces your out-of-pocket medical expenses and minimizes unpleasant surprises when you see your healthcare bills.  Still, there’s a reason why supplemental policies are just […]

Long Term Insurance Tax – Everything You Need To Know [Complete Guide]

Long Term Insurance Tax

As we all get older or watch our loved ones age, it becomes time to start thinking about long term insurance. Long term insurance (also known as long term care insurance) is an insurance program that helps to cover the costs and services of long term care, such as hiring a caregiver or staying in […]

Long Term Disability Insurance and Pregnancy [Definitive 2023 Guide]

Long Term Disability Insurance and Pregnancy

Doing something you love for a living is a dream come true for everyone. However, life is unpredictable, and it can easily throw a curveball that can completely transform your reality. Being prepared for such situations is essential to remain calm and secure even in the most stressful situations. Long-term disability insurance is designed to […]

Long Term Insurance Subcategory A [Definitive 2023 Guide]

Long Term Insurance Subcategory A

Long-term insurance is a broad category of coverage that is used to pay for long-term care needs associated with Activities of Daily Living (ADLs). It’s generally associated with older people requiring care workers in your home, assisted living facilities, or residence in a nursing or skilled care home. It’s good to think about long term care […]

Federal Long Term Care Insurance vs. Private – Everything You Need To Know

Federal Long Term Care Insurance vs. Private

Federal Long-Term Care Insurance vs. Private Insurance Getting older should be a time for relaxing and spending the days with family. For many, it also means thinking about long-term care. Long-term care (or LTC) are the services and facilities that help you get through your daily activities once age makes them too difficult. This could […]