Assisted Living Week: Protecting Grandparents with Long-Term Care Insurance
Posted: September 10, 2023
Assisted Living Week: Protecting Grandparents with Long-Term Care InsuranceToday we are celebrating National Grandparents' Day, which always falls on the first Sunday after Labor Day. September 10 also marks the start of Assisted Living Week this year. Similar to Mother’s Day and Father’s Day, Grandparents' Day is an entire day dedicated to grandparents. It is an opportunity to treasure the special connection between grandparents and children, which has been proven to be beneficial...
Standard vs. Hybrid Life Insurance: Which Is Better?
Posted: October 22, 2021
Standard vs. Hybrid Life Insurance: Which Is Better?Standard life insurance has a single purpose – to provide death benefits to your beneficiaries. Hybrid life insurance combines long-term care insurance and life insurance in a single policy. If you become disabled and unable to live independently, it covers the costs of your care, at home or in a facility. It will not cover medical expenses, such as doctor visits, surgical procedures, or prescription...
Understanding Long-Term Care
Posted: August 15, 2019
Understanding Long-Term CareIt may not be wise for people over the age of 65 to rely on Medicare or private health insurance. Medicare does not cover custodial care, and private health insurance rarely pays any long-term care costs. Depending on your financial situation, long-term care insurance may be your best option for peace of mind and financial benefits as you age. What Is Long-Term Care Insurance? Many...
Should I buy long-term care insurance?
Posted: August 22, 2013
If you need long-term care services and have to pay to obtain them, what financial resources could you call on? Do you have enough to pay for four or more years in a nursing home, an assisted living facility, or home health care? If you’re over 65, don’t rely on Medicare or private health insurance. Medicare doesn’t pay for custodial care, and private health insurance...
