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…]
This article explains the difference in Indemnity Vs Reimbursement long term care insurance policies, including:
Planning ahead for possible long term care needs is a critical part of retirement planning. Critical because long term care costs can be tremendously expensive and thus devastating to an estate. [Read more…]
Every year the American Association for Long-Term Care Insurance lists the nation’s top specialists in LTC Planning. Howard Gottlieb, a 15 year veteran with ACACIA Insurance Services was listed among the nation’s top 10. [Read more…]
The results of John Hancock’s 2016 Long Term Care Cost Survey indicate the cost of long-term care services continue to rise. Over 16,000 care providers across the nation were surveyed in 2016. Following are the national average costs of long-term care for one year of care. [Read more…]
A recent study reports that, in 2017, 18.4 billion hours of care, valued at $232 billion, were provided by family and unpaid caregivers. And 83% of this help provided to older adults is from family members, friends and other unpaid caregivers, not Medicare. [Read more…]
