No one likes to think about getting older and experiencing any sort of health issues. However, life happens, and if we create a plan things can go a little easier. Asking yourself these ten questions can help you determine if long-term care insurance (LTCI) is a product that’s right for you and your loved ones. Continue reading
A few weeks ago my family was helping Grandma H move from a house into an assisted living facility. I was in the basement and spotted a few shoe boxes of unorganized photos and naively offered to help Grandma put them in albums. She replied, “Oh honey, that would be great, why don’t you just take all the photos and put them in albums for the girls?” My mom is one of three daughters. I said that sounded fun, snagged the boxes, and loaded them into my car. By the time I walked back to the house my mom, aunt and cousin had each found several larger, dirtier boxes of even more photos. My entire car was full to the ceiling by the time I headed home. Continue reading
Insurance policy features and terms can sometimes be confusing and difficult to understand. One of the commonly confused Long Term Care Insurance (LTCI) policy terms is contingent nonforfeiture. Especially when you hear two versions of nonforfeiture: contingent nonforfeiture and a nonforfeiture rider.
First, we’ll explain what contingent nonforfeiture is and how it benefits policyholders. Then, we’ll discuss what makes the nonforfeiture rider different.
When you are ready to purchase long-term care insurance (LTCI) you want to make sure you’re getting the best policy for your needs at the best price for your wallet. At LTC Consumer our agents are from all across the country, have years of experience, and long-term care (LTC) planning is all they do. Customer testimonials say it best when they talk about knowledge, being at ease, being able to compare different plan options with different carriers, and being able to shop from their home on their time. Continue reading
Long-Term Care insurance (LTCI) isn’t just bought with your money, it’s bought with your health. Not everyone will be approved for LTC coverage due to health issues or co-morbid conditions that insurance carriers often decline. Continue reading
Caregiving can be a challenging role for anyone. It’s often filled with unexpected challenges, including physical and emotional turmoil leading to poor health.
When you become a primary caregiver to an aging loved one, their well-being becomes top priority. However, your health and vitality are just as important. Taking time for respite care will help you stay healthy and strengthen your abilities as a caregiver.
If you’re looking for respite care services and programs to give yourself a break, consider these options. Continue reading
Ready to retire? Before you take the plunge, make sure key legal documents are prepared and signed to serve you in later years. While this isn’t an exhaustive list, it includes some of the basics every retired person should prepare to address their health and financial wishes. Continue reading
If you have a relative living with dementia, it’s natural to be concerned about whether you or your children may develop the disease. What most people may not know is there are several types of dementia and most of them are not hereditary.
Learn more about the common types of dementia and the chances of relatives developing the same disease. Continue reading
The odds can be a bit worrisome. The typical 65-year-old is expected to live another 20 years and has over a 50% chance of needing some form of long-term care services in their lifetime.
The average cost for long-term care today is around $138,000. Medicaid can cover part of this cost, but only for the impoverished. Long-Term Care insurance (LTCI) helps cover the risk of a long-term care event, but only about 10 million Americans are covered. Continue reading
Are you ready to have “the talk” this Thanksgiving?
No, we’re not referring to the “birds and the bees talk”, though you’re welcome to go there. We’re referring to the “long-term care talk.” Continue reading