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 ...

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 ...

Learn about asset-based long-term care insurance, how it works, and its pros and cons. Make informed decisions about your ...

"What people are not aware of is inflation essentially. So when we are getting policies, we may have a policy that gives us a $500 a day benefit." ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Broadcast Retirement Network's Jeffrey Snyder discusses the taxes associated with receiving benefits from life insurance and ...

As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

Nationwide, long-term care insurance policies are being used to cover an average of 2.6 years in assisted living, according ...

“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 ...

Many Americans will not be able to afford the long-term care (LTC) they, or aging loved ones they're caring for, will someday require. Benefits including long-term-care insurance (LTCi) and predictive ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

The price hikes began in 2007, modest at first, then exploding in size. By last summer, the long-term care insurance plan Steve Krasinski paid $750 a year for in 1994 had ballooned to $6,400. And that ...