Aug 24, 2021
Nicole wants to know how using the LTC benefit will affect the death benefit in a life/LTC combo product. Diane shares some different ways the insurance companies design these plans and how they pay. Plans and benefits need to match the goals of the policy owner and their family. Let's discuss what kind of plan will...
Aug 17, 2021
I'm amazed at how many people in the last week have told me they wish they would have taken the new Washington tax, or WA Cares Act more seriously sooner, when more options were available from insurers. Today, in Washington, there are only a few companies offering limited LTC coverage options. Other states are...
Aug 3, 2021
After last week's episode on tax deductibility of LTC insurance premiums, we received multiple inquiries about taxes and C corporations paying for LTC insurance for some key employees. This is apparently a HOT TOPIC!!! Yes, corporations can often deduct premiums paid for employees, the employees receive LTC coverage...