Risk management and loss prevention resources for businesses, for individuals, for life.
Written by Jane Shevey
February 27th, 2012
When is the right time to start investing in your long term care insurance? Time is money when it comes to long term care insurance premiums. The younger you are when you purchase your policy, the less you will pay in premiums over the course of a lifetime, because of the yearly premium being much» Read Full Article
Written by Jane Shevey
October 19th, 2011
For millions of Americans, celebrating an 80th, 90th and even a 100th birthday is increasingly likely. When you live a long life, there is a very high probability that you will need the type of care that’s referred to as long term care. 72% of women and 44% of men will need some form of» Read Full Article
Written by Jane Shevey
August 26th, 2010
In my constant effort to keep on top of all the current statistics regarding our aging population and how long term care insurance can benefit them, I came across this interesting study done by MetLife. Here is the synopsis, again all credit for information goes to MetLife: Since 2007, the MetLife Mature Market Institute (MMI)» Read Full Article
Written by Jane Shevey
August 25th, 2010
The American Association for Long Term Care Insurance suggests the following tips that can help you significantly reduce the cost of insurance coverage. Leverage Your Good Health:Insurers will require you meet certain health qualifications to obtain coverage. Discounts are provided to those in good health and 62% of applicants between ages 40-49 qualified in 2009.» Read Full Article
Written by Jane Shevey
July 7th, 2010
Question: What do Suze Orman, Oprah Winfrey and Terry Savage have in common (besides being bazillionaires)? Answer: They each own Long-Term Care insurance. WOW! Why would someone so wealthy own long-term care insurance? They surely could afford to self insure their care for years to come couldn’t they? Interestingly though, the nationally recognized and widely» Read Full Article
Written by Jane Shevey
July 2nd, 2010
Many people still believe they will be successful at divesting their estates to their heirs so they can receive “free” skilled care. It’s still possible, with a few tricky maneuvers. Advance planning can be key if it is expected that a person might need Medicaid assistance to pay for long-term care. If you divested any» Read Full Article
