Long-term care insurance can be used as a financial planning asset that can cover essential services like home health aides, nursing homes, and more if mandatory. Additionally, if you choose to get coverage and require any of these services, this insurance type could be worth considering. However, what happens if you don’t use long-term care … Read more
What disqualifies you from long-term care insurance? Among seniors, long-term care insurance, also known as LTCI, is an essential part of their financial planning. This is because this form of insurance covers the associated costs of long-term care services. For instance, services are provided in an assisted living facility, a nursing home, or through in-home … Read more
What is hybrid long-term care insurance all about? Long-term care insurance is a coverage that can help cover long-term care expenses while you are still alive. Life insurance, on the other hand, is a policy designed to offer a death benefit to your beneficiaries once you pass away. Having these two coverages is what you … Read more