Dec 1, 2021
There are many ways to reply to this question, and I may end up replying again over the next couple of weeks. Today, we are talking about family. When we buy LTC insurance, we are not really buying it for us. We buy it for our families - so they have the resources they need to be able to help us. No one will...
Nov 23, 2021
Do you own a life insurance policy that has built cash value over the years, and now your need for that coverage has lessened as your net worth and liquid assets have grown? Listen and learn how you can 1035 exchange that plan for one that also includes LTC coverage. If you never need extended care, a death...
Nov 17, 2021
Kim in California wants to know how long premiums will need to be paid on a LTC policy. You decide that, based on what your income and asset levels are today and will be throughout retirement. Some plans use lifetime premiums, while others offer shortened pay and single deposit options. Which is right for you? When...
Nov 10, 2021
This week, Susan in Minnesota wants to know how the Alternate Plan of Care clause works in a long term care policy. Diane first shares what a Plan of Care is and then shares some examples of when the alternate plan of care clause helps both the carriers and the policy holders. Some contracts include this clause and...
Nov 2, 2021
It's been a rough couple of weeks since Paul's mum went to be with the Lord, but we're both getting through this and getting from this season. Diane shares how the last several months have been and how having a long term care insurance plan in place helped the whole family as we worked to honor Doreen's desire to live...