Long-term-care insurance is more expensive than it’s worth for some people
1 Determine if you qualify financially Don’t buy if the out-of-pocket cost for the coverage would be more than you can afford. Consumer Reports advises people that if their net worth, excluding their home, is below $300,000, long-term-care insurance is not a good buy for them. The National Association of Insurance Commissioners also recommends that consumers spend no more than 5 percent of their ...
The Standard Honors Daniel Steenerson with Top National Disability Insurance Leadership Award
Standard Insurance Company has honored Daniel C. Steenerson, CLU, ChFC, RHU and his agency, Disability Insurance Services, Inc. with its top National Disability In
Medicare and Long-Term Care
Estimates by experts are that at least 60% of all individuals will need extended help in one or more of the areas during their lifetime. This article reviews Medicare options for long-term care.
House Repeals Long-Term Care Program Obama Viewed as Too Costly
The U.S. House repealed a long-termcare insurance program created by the 2010 health-care law thatthe Obama administration decided was too costly to put in place. The 267-159 vote sends the bill to the ...
Disability insurance: Preparing for the worst
If you had a crippling accident or were diagnosed with a critical illness tomorrow, would your family be able to cope?