Tag Archives: Long Term Care

What Age Is Right To Purchase Long-Term Care Insurance?

I started this series of Blogs about Long-Term Care Insurance by pointing out the fact that most of us will face a situation either in our own lives or with the life of someone we love where we have to consider making choices about long-term care needs. Insurance is about protecting our assets from catastrophic loss due to a cause specified. Some of our parents and even ourselves are in situations where we can cover the costs of long-term care and some of us have the means to provide care for our aging parents. Depending only on Medicare or Medicaid … Continue reading →

What to Look For Before Purchasing A Long Term Care Insurance Policy

In this series of Blogs, we have reviewed the fact that choices often need to be made when someone is no longer able to care for him or herself. With the statistics indicating more 70% of those reading this Blog will eventually need some kind of long term care as we age, and nearly all of us will be responsible for the long term care of someone we love we have looked at some of the aspects of Long-Term Care Insurance. There are so many different long-term care insurance plans and insurance companies and carriers offering policies, it’s important to … Continue reading →

Long-Term Care Insurance Options To Consider

In this series of Blogs we have been looking at Choices, families have when a member is no longer able to care for him or herself. We have looked at the history of Long Term Care Insurance and considered the risky nature of these policies verses the fact this is the only option for insurance families have to cover the catastrophic costs of long-term care for our parents and ourselves in the future. The fact is that more than 70% of those reading this Blog will live to retirement age and will need long term care at some time in … Continue reading →

What is Long-Term-Care Insurance?

Long term care is the kind of care needed when someone can no longer perform everyday tasks or manage activities of daily living by themselves. Long term care is not the kind of care intended to cure, or rehabilitate a person,it’s the kind of care someone needs when suffering a chronic illness, debilitating injury, unrecoverable disability or end of life aging. Generally, long term care includes supervision someone might need because of a sever cognitive impairment such as Alzheimer’s disease. It’s care someone may need for the rest of their life. Our parents and we ourselves may face a time … Continue reading →