Long Term Care Insurance

Getting the Most from Your Parents’ Long-Term Care Policy

Decades ago, your parents purchased a long-term care (LTC) policy. They have invested tens of thousands of dollars – or more – to give them the peace of mind that when and if they need it, the policy will cover the cost of their care. The policy has sat, untouched, for all this time and now your parents are ailing, and they are not sure how their policy works. It"'s [...]

By |2025-10-14T18:15:54+00:00July 9th, 2024|Long Term Care Insurance|Comments Off on Getting the Most from Your Parents’ Long-Term Care Policy

Long Term Care Insurance – Is it enough?

So, you planned ahead. You purchased long term care insurance (LTCI). You paid the premiums religiously. You think that, when the time comes, you’ll just file a claim and receive a check. The process seems simple enough. Think again. Most LTCI policies require that the insured demonstrate either cognitive decline, as determined by the insurer, or show an inability to complete two activities of daily living (e.g., eating, dressing, personal [...]

By |2025-07-09T20:55:32+00:00November 17th, 2018|Long Term Care Insurance|Comments Off on Long Term Care Insurance – Is it enough?
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