Archive for the "Insurance" Category

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Reimbursement Policy or a Disability Model Indemnity Plan?

Insurance companies offer different long term care (LTC) products to people who want to be certain that by the time they get too old and weak to function normally, they don’t have to spend all of their savings and retirement money just to receive quality care. Among these companies’ offerings, the Disability Model Indemnity Plan […]

Objective of Long Term Care Insurance

Perhaps the word care makes people think long term care insurance (LTCI) is synonymous with their health insurance policies which they’ve been paying for in installments for many years now. So what is long term care insurance, really? It is what you’ll need when you’re old and frail, disabled or injured. It does not cover […]

Base Your Policy’s Benefit Amount on the Right Factors

Buying a long term care insurance policy requires consideration for this product’s four major components which are the long term care insurance benefit amount, maximum benefit period, elimination period, and the inflation protection. If you disregard even just one of these components you put your coverage on the line. Before you can determine the variable […]

Tax Deductions for Responsible Long Term Care Planners

Besides accessibility to topnotch long term care services or facilities, planning your future health care needs will also result in big long term care tax deductions. According to financial advisers, long term care (LTC) is the biggest threat to every person’s finances these days and this explains why they along with the government and elder […]

Things to Consider Before Buying Long Term Care Insurance Plans

The fact that long term care insurance plans are quite pricey makes it more difficult for some Americans to consider buying one so that they can have financial assistance when it comes to their LTC needs. Although they are aware of what they might have to face if ever they do not avail one now, […]