Long Term Care Insurance Articles

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How To Save Money On Long Term Care Insurance Costs

While thinking of long term care and what it may cost to purchase insurance, it may be good to think about looking into a long term care group, one that specializes in providing long term care insurance. By dealing with a company that only provides one kind of insurance, you are assured that you get the best possible coverage at ...

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Important Steps on Planning for Your Long-Term Care

Thinking about needing some type of long-term care in the future can easily be put on the back burner. It is not the kind of planning that one looks forward to as you would a family vacation. Planning for this type of care is challenging. There are various factors and considerations to keep in mind all the time. But, as ...

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How to Avoid the 7 Most Dangerous Long Term Care Insurance Traps

Your chances of living longer have greatly increased. With that blessing comes new challenges such as how you will live and if you will be able to stay in your own home. Long term care insurance, which aids you in caring for yourself during your old age, could be the most important decision you will make for the rest of ...

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Long-Term Care Insurance Policies Pay Benefits

The long-term care insurance industry paid out $3.5 billion in benefits to individuals holding long-term care insurance policies in 2007 according to a study released by the American Association for Long-Term Care Insurance. Approximately, 180,000 Americans received benefits. The AALTCI compiled the data from over 60 long-term care insurers who represent 98 percent of all policies currently in force. This ...

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Advantages and Disadvantages of Long Term Care Insurance

Should You Buy Long Term Care Insurance? Most people start thinking about the possibility of needing nursing care asf they hit middle age. Many have family or family who needed home health care, assisted living, or a nursing home. At this time, people learn about the high cost of long term care, and they wonder how it gets paid for. ...

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Are You a Good Candidate for Long Term Care Insurance?

Approximately 70 % of older adults will need some type of long-term care at some point. This type of care could include a nursing home or various degrees of in-home care, whether that includes skilled nursing care, help with activities of daily living, or some combination of services. The problem is that these services are very expensive-and the costs are ...

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Long Term Care Insurance Tax Advantages

Long Term Care Insurance is one of the most valued insurance plans in the market in today’s society. Certain types of long term care insurance policies also have some very nice tax advantages. With more and more people trying to purchase Long Term Care Insurance to protect themselves in the late part of their lives, the demand for this type ...

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Insurance – The Real Reason For Long -Term Care Insurance

My mother-in-law recently passed away after a long and courageous battle with cancer. Throughout her battle, our family had to deal with many emotional and legal issues. Over the next couple weeks, I’ll be discussing these in more detail in the hope that you and your loved ones will be prepared for life’s difficulties. The physical impact of caring for ...

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The Ins and Outs of Long Term Care Insurance

One type of insurance policy that a lot of people don’t consider, is long term care insurance. This article discusses this critical policy, how it works, and why it is so important to get. Long term care insurance provides coverage for all costs associated with assisted living expenses. While senior citizens are the most likely demographic to invest in this ...

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How to Evaluate Long-Term Care Insurance As Part of a Comprehensive Financial Plan

Long term care insurance is a complex product, and the complexity only increases when one attempts to understand how long term care insurance interacts with Medicare and Medicaid. In this article, we outline the basics of long-term care insurance as well as what is typically covered by Medicare and Medicaid. Whether or not to purchase long term care is one ...

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