Hybrid Life Insurance Policies Increasingly Popular As Long-Term Care Funding Strategy

While traditional stand-alone long-term care insurance (LTC) products have seen a drop in popularity in the past several years as a result of companies leaving the marketplace and of spiraling policy premiums, life insurance-backed long-term care financing strategies have experienced...
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Why Some People Should Have Two Or More Life Insurance Policies

You need life insurance if your death would hurt anyone financially. For many people, one policy is enough. But for some, two or more make sense. Your needs should drive the number and type of policies you buy. More...
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Why Retirees Have to Talk About Long-Term Care

We all avoid certain tasks in our lives, whether it’s something small like our gym schedule, or something bigger, like spring cleaning. But one thing that should never be avoided is making a long-term care plan. Many of us know...
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LTC 101: Traditional LTCi

Traditional long term care insurance (LTCi) is designed to help cover the expenses of long term care (LTC) services, many of which are not covered by health insurance, Medicare or Medicare Supplemental Insurance, and include personal and custodial care in...
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Extending Your Life Insurance Coverage

Ideally, you buy life insurance when your kids are young or you’ve purchased your first home, and you need the coverage only for about 20 years. By the time your policy nears the end of its term, your kids are...
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Indexed Annuities: What Are They?

An indexed annuity is a fixed annuity that earns interest or provides benefits linked to an external reference or an index. The value of the index might be tied to a stock or other index. One of the most commonly...
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LTC 101: the Purpose of LTCi

The phrase ‘long term care’ (LTC) refers to the assistance that people with serious illness, injury or cognitive impairment require with activities of daily living. This skilled care is provided by nurses, therapists or other healthcare professionals. More...
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Whole vs. Term Life Insurance: Which Do You Need?

Are there people counting on you for income? If you died tomorrow, are there people – like your parents – who would be stuck with the funeral costs? Do you have a plan in place to make sure you don’t...
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