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Recognizing Your Needs Will Help You Save

If you are wondering how to save on long term care insurance, the experts on the field say there may be a few tactics to reduce the annual premium of your policy but the sure-fire way is to recognize your future health care needs early in life.     Some people reduce their maximum daily […]

Protect Your Assets with a Partnership Plan

Long term care Partnership states offer affordable long term care insurance (LTCI) combined with supplemental Medicaid coverage so that even if you wind up exhausting your benefits, you won’t be left hanging in the air.     Any kind of LTCI policy is better than not having coverage at all.  Still it pays to look […]

Long Term Care Planning Made Easier with More Options

So that Americans won’t have a hard time planning their future health care needs, private insurance companies offer a wide range of long term care insurance policy options.     There are three classifications of long term care insurance (LTCI) policies namely reimbursement, indemnity, and those that comply with the Partnership Program.  Each of these […]

Tax Deductions from Long Term Care Insurance

Considering long term care insurance (LTCI) for your future is not only good because of the fact that it can alleviate long term care (LTC) expenses.  It also happens to be the best-designed long term care tax reduction tool.     Through the premiums which they pay into their coverage, owners of LTCI policies can […]

How Much Can You Spare for the Elimination Period?

There are many factors to consider before buying a long term care insurance policy and one of them is your annual income.  It has to be way above the poverty level and secondly you should have a substantial amount of assets to be able to satisfy your long term care insurance elimination period.     […]