Long Term Care Insurance Cost, Quotes, Companies, AARP
Long Term Care Insurance
Perhaps your current situation indicates your life insurance policy might be more beneficial to you if it was a long term care insurance policy. If so, you could have some options to consider as you may be able to perform a tax-free 1035 exchange of your life insurance policy for a long term care insurance policy. And, you’ll never have to pay taxes on the gains because long term care benefits are not taxable. [Read more…]
If you have a need for both life insurance and long term care insurance, then a Life Insurance Policy with Long Term Care combined may be the best solution to protect you from long term care costs. [Read more…]
Financial advisers know that long-term care costs can be one of the biggest threats to a retirement plan. If you don’t deal with the long-term care risk, it can decimate your retirement plan. So when an investment adviser draws up an investment plan, they typically ask their clients what they plan to do if they need long-term care. [Read more…]
Research conducted for John Hancock long term care insurance confirms that lower priced options increase purchasing interest in long term care insurance among 45-65 year olds. [Read more…]
Annuity Care from The State Life Insurance Company is an innovative solution to paying for Long Term Care costs, especially for those that may have been planning to self-fund their long term care expenses. [Read more…]
The aging of America is costly on the emotions of the elderly and their families. In addition to this emotional cost, long term care costs strongly affect the wallets of American families. According to national long term care statistics, almost 10 million Americans need long term care services. Thirty seven percent of those are under the age of 65 and that number is expected grow to 12 million by the year 2020. [Read more…]
