How to Deal with Rising Long Term Care Insurance Rates
When it comes to retirement planning, you’ve got everything covered. Smart investments, check. 401k or pension, check. Insurance policies squared away, check. You’re even one of the savvy Americans who’ve already purchased a Long Term Care Insurance plan to make sure you’ll be able to cover your long-term care needs in retirement. But, suddenly, you are informed that your Long Term Care Insurance rates are going to be increased. You become worried about whether you can keep up with the payments or, more practically, whether paying Long Term Care Insurance ratesk is even a smart investment of your hard-earned money.[…]
New Options in Long Term Care Insurance Policies
If you or your spouse haven’t already taken the important step of purchasing a Long Term Care Insurance policy to prepare for your future, long-term care needs, then there’s never been a better time to buy. Prices are continuing to rise so it’s best to lock-in the best deal you can now in order to see the benefit down the road. Also, as a recent article notes, there are now more options in Long Term Care Insurance policies that make this type of coverage even more attractive and critical to any sound financial or retirement plan aimed at delivering[…]