Give Peace of Mind This Christmas – Year End Financial Planning tips
Why do people buy Long Term Care Insurance? We set out to discuss this topic around the holidays with some year end financial planning, when many of our clients are with family and thinking about the future.
Christmas is a time of festive family gathering where we see new and old friends and of course family. You’ll see parents, grandparents, aunts and uncle who many of them may not be in such great health. It’s a time that reminds us of the cycle of life and that one day we too will be old and may need help living out our last[…]
Morningstar: Hybrid Policies Can Have Significant Drawbacks
The high cost of Long Term Care is an expense that nearly 1 in 2 people will encounter sometime during their lifetime. Given the high odds and family experiences of many baby boomers, there is tremendous interest in Long Term Care Insurance. In the past several years, insurance companies have rushed out products called “hybrids” that mix long term care benefit payments with life insurance or annuity options. The result is a guaranteed premium, often made upfront, and usually return of premium if the policy is unused. The initial appeal of this approach is obvious.
This week, morning star digs in[…]
Top Five Things to Look for in Your Binder
Sit down with a cup of coffee and learn.
At LTC Tree, one of our signature tools for learning about how Long Term Care Insurance policies work is the Green Binder we send you with customized quotes. While we try to make it easy, you may feel a bit overwhelmed with the wealth of information you now have in your fingertips. We know that many well intentioned clients end up putting LTC planning on the back burner because of the “weight” of the topic.[…]
Harvard Magazine on Long Term Care Insurance
A few years back, Harvard Magazine did a research article on the problem of Long Term Care and the role that Long Term Care Insurance can play in planning for care. Anyone researching the topic of LTC planning will appreciate the general overview and “third party” nature of the article.
Our Take
Darrick Wilkins and Drew Nichols discuss the article in this video, below:
Long Term Care Affects Hawaii Too
Despite being a tropical paradise, Hawaii is much like any other state in the Union when it comes to the daily problems we all face. Hawaiian seniors encounter the problem of Long Term Care and how to fund it on a daily basis.
There are long term care insurance options in Hawaii that can help cover the cost of care.
Long Term Care Insurance Rate Update -Summer 2013
The month of April has brought not only some nice springlike weather (and 2′ of snow in the midwest) but also some Long Term Care Insurance rate surprises as well. Starting around the middle of 2012, rumors began churning in the Long Term Care world that “Gender based pricing” was coming – and that women would be paying more for their Long Term Care Insurance. By April, two companies had released their new pricing: Genworth and John Hancock. The continuing whisper is that the rest of[…]
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.