Long Term Care Insurance: How to Choose the Best Elimination Period
In a long-term care insurance (LTCI) policy, the elimination period is often referred to as the policy deductible. In many ways it is similar to the deductible used in major medical insurance policies. One major difference is this: rather than a certain dollar amount that you will initially pay for your own care expenses, [...]
LTCI Basics: 4 Reasons Why You Need It
Long-term care insurance (LTCI) policies are very different from most other kinds of insurance. As a result, even the foundational features of these policies require taking some time to understand before making your final decision. But what about all the other options and features that are not built into the policy and require you to [...]
LTCI Basics: Identifying a Partnership Qualified LTCI Policy
In my previous articles, I have talked about long-term care insurance partnership program that almost two thirds of the states is in the process of getting approved and put into place. This program is designed to encourage the purchase of LTCI by consumers so that the state can reduce its liability for paying for long [...]
