Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...
High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.
I turn 65 next year and will finally retire with $1.5M in my 401 (k). But with a chronic health condition, do I also need ...
Hybrid long-term-care insurance—the coverage that’s added onto life insurance or an annuity to help pay for ongoing custodial care of a client at places such as nursing homes—has been outselling ...
NEW YORK — More insurers are offering riders that include long-term-care coverage in life insurance policies. The Hartford (Conn.) Financial Services Group Inc. in May made LTC coverage an option on ...
Life insurance is a versatile product that Americans use for protection, tax planning, a savings tool and many other important life planning options. Of late, Americans are turning to life insurance ...
Long-term care is a high risk and huge potential cost for aging Americans. Yet few plan ahead, and fewer still insure privately for this impending peril. Until now. Private insurers report that ...
He concluded that the best LTC solution for those entering retirement in good health is to combine a hybrid life policy, which includes LTC coverage, with longevity insurance that pays guaranteed ...
Twenty-five states saw a double-digit jump in the number of residents with long-term care insurance, while smaller states recorded the biggest increase in growth compared to the year prior, according ...
In the spirit of National Long-Term Care Awareness Month, let’s answer some of the questions about using life insurance with LTC riders instead of traditional long-term care insurance as a potential ...
At less than 30 years old, long-term care insurance is still the baby of the insurance industry. Some might even call it the Rodney Dangerfield of the business. It just doesn’t get much respect.
FORT MYERS, Fla.--(BUSINESS WIRE)--LTC Global, Inc. today announced that it has completed a $129.6 million securitization. The transaction consisted of the sale of asset-backed securities to seven ...
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