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 ...
Fitch Affirms Unum Group's Ratings; Outlook Stable
Fitch Ratings has affirmed Unum Group Inc.'s holding company ratings, including the senior debt rating at 'BBB', as well as the Insurer Financial Strength ratings of all domestic operating subsidiaries at 'A'.
National Underwriter Launches New Resource to Guide Clients through Long-Term Care Options
NEW YORK, Jan.19, 2012 /PRNewswire/ --Â At a time when hands-on, real-world guidance on long-term care issues is needed more than ever, The National Underwriter Company today announced the release of The ...
BB&T Purchases Leading Wholesale Insurance Brokerage
WINSTON-SALEM, N.C., Feb. 3, 2012 /PRNewswire/ --Â BB&T Corporation (NYSE: BBT - News) announced today that it has reached an agreement to acquire the life and property and casualty insurance operating divisions ...
YOUNG WORKERS, SPRING INTO ACTION!
YOUNG WORKERS, SPRING INTO ACTION! If you’re a young worker, retirement probably seems like a lifetime away. In fact, you may wonder if your contributions to Social Security, deducted from your paycheck, actually cover you for anything right now. The answer is yes, they do.