Oct 12, 2021
LTC insurance is not like any other insurance as we need to work with so much uncertainty when designing a plan. With property insurance, we assess and insure the value of the property. Health insurers have tremendous negotiating power to keep costs down when we go to the hospital. LTC insures and pays what we as...
Oct 5, 2021
Welcome to season 3!!!! Steven in New Jersey asked about contingent non-forfeiture. He wants to know if every LTC plan has it. Diane shares what both the contingent NF rider is as well as the optional NF rider that you can add to a traditional Tax-Qualified LTC plan. Hybrid or linked benefit plans have a cash...
Sep 28, 2021
Although Maria's husband has used over $393,0000 on LTC benefits over the last 5 years, it wasn't enough. He still needs help with dementia, and they will need to start spending down assets until he qualifies for Medicaid. With Alzheimer's disease in his family, they know now that spending another $40,000 on...
Sep 21, 2021
This week, Irene in Nebraska wants to know if she should include inflation protection on her LTC plan, at a significantly higher cost. Nursing home costs have averaged a 5% annual increase in cost over the last 30 years! Diane shares how inflation protection works and how plans with the rider help so much more at claim...
Sep 14, 2021
If we prepare today, our families will be better prepared for tomorrow. Life insurance and LTC insurance are not for us - they're for those we love the most. We need to put aside our pride and admit that things may not always go how we plan. If we are open to believe that life can instantly change, we can prepare...