Agents and advisors are always on the lookout for ideas that will help them provide their clients and prospects with the financial protection they need to help cover the costs of care if they have a ...
Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has superior financial strength ratings from AM Best (A++), Fitch (AAA), Moody’s ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, as the population ages, the price of long-term care won't be the ...
“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...
Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...
Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now? By Mark Miller Samir Shah is a forecaster — but he’s an expert on ...
Later this year, Rep. Tom Suozzi (D-N.Y.) will reintroduce his public catastrophic long-term care insurance bill, called the WISH Act. Suozzi is doing all the right things: Looking for Republican ...
The need for extended long-term care is a possibility retirees need to plan for. Many turn to long-term care insurance policies, believing those will remove the risk. However, some buyers are finding ...
The demographic shift toward an aging population has thrust the coordination of long-term care insurance and Medicaid benefits into the spotlight of elder law practice. For practitioners advising ...