Should You Buy Long-Term Care Insurance? Maybe Not
Private long-term care insurance can be an important tool to protect against the risk of needing costly personal assistance in old age. But two respected financial economists conclude it is very expensive relative to the benefits it provides and may not be appropriate for many buyers. At the same time, a new consumer brief from ...
Give the Gift of Long-Term Care Planning this Valentine's Day
A strong plan that includes long-term care insurance can help protect the people you love most, Newman Long Term Care advises.Richfield, Minn. (PRWEB) February 02, 2012 Whether it’s with a partner, child or friend, Valentine’s Day celebrates the love people share with others. This year, Newman Long Term Care suggests that people show their devotion to loved ones with a solid long-term care plan ...
Long-term-care insurance offers protection, but it’s not right for everyone
In the last years of Martin Privot’s life, his family had to start selling his assets to pay for his nursing home costs. “He needed 24-hour care and couldn’t be left alone,” recalls his daughter Toni Footer. “My biggest fear was we would run [through his money] and wouldn’t be able to provide the care that he needed.” Read full article >>
Life insurance: Is term life always enough?
Most families are better off buying cheap, straightforward term insurance, but there are situations where universal or whole life policies make sense.
An Olympic Plethora of London Homes
Owners are deriving significant income from about 48,000 residences in the central part of the city while meeting the demand for tourism rentals as the Summer Games approach.