• Will my children be able

    to afford the care I need?

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The Trend of Unmarried Couples & How It Impacts Long-Term Care

Marriage is a big commitment. It’s natural for couples to be nervous before jumping in. Recent trends suggest more people are foregoing marriage to cohabitate instead.

What’s Trending: Cohabitation

One reason for an increased interest in cohabitation instead of marriage isn’t just the fear of matrimony, it’s more out of concern of the possibility of it ending. With the prospect of divorce looming over people’s heads, many are more apt to move in with each other versus committing to forever. Continue reading →

What to Do if Your LTC Claim Is Denied the First Time

Buying a long-term care policy is a big investment and an important step in creating a secure retirement plan. When it’s time to go on claim, the process can sometimes feel foreign and nerve-wracking for individuals during a time when stress and emotions are running high. If your claim is denied for any reason, many individuals are left in a state of panic and questioning.

To help make sure the claims process is an easy one, and to help you understand why a claim could be denied, we’ve gathered a few tips and key advice. Continue reading →

1035 Exchange to Fund LTC – What Is It & How Does It Work?

Do you own an annuity or cash value life insurance policy? Are you concerned about protecting your assets from the risk of rising long-term care expenses? You may be in luck.

Section 1035, a little-known provision of the federal tax code, allows policyholders who meet certain requirements to trade in their existing contract or policy tax-free for long-term care insurance.

Learn more about the value of 1035 exchanges and how this provision may benefit you. Continue reading →

What People Are Saying About LTC Consumer

From good to great, LTC Consumer’s Net Promoter Score (NPS) has jumped to 91! But what exactly does that mean?

A Net Promoter Score (NPS) is a standard measure of customer happiness across industries, products, and services. A company’s NPS score is measured by asking customers one question: “How likely is it that you would recommend [company or product] to a friend or colleague?”

People can answer on a scale of 0 to 10, with 0 being “Not at all Likely” and 10 being “Extremely Likely.” Answers to this question are what forms LTC Consumer’s NPS. Continue reading →

Long-Term Care Options for Veterans: Veterans in Charge (VIC)

At LTC Consumer, we’re proud of our country’s veterans. We believe this group of men and women deserve the best care and services for the sacrifice they gave to our country.

While not everyone can afford Long-Term Care Insurance, great programs are available for American veterans to make sure they are cared for and given the services they need. Veteran In Charge (VIC) is one of those programs. (LTC Consumer is not affiliated with the Veteran in Charge program.) Continue reading →

Why You Should Consider Adult Foster Homes Instead of Assisted Living

When many people hear the term “foster care,” they typically think of the child foster care system. An adult foster care home is a place where older adults who can no longer live independently live with a homeowner who provides the care services they need. Each adult foster care home is licensed by the state.

Care in a private home offers a positive setting for the elderly, aging, and those with disabilities. Adult foster homes offer different levels of care based on an individual’s care needs.

Learn more about the benefits of adult foster care and why this setting may be a great choice for your elderly loved ones. Continue reading →