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For those that do not want to own life insurance, there are still options available. Some insurance companies offer fixed index annuities with guaranteed income riders that double should you need long term care in a nursing home. In a fixed index annuity, you agree to a contract with an [...]

For those people that do not want to invest in long term care insurance, there are other alternatives that may fit better into their lifestyle. Strategically using your assets to help cover the cost of long term care is a good option. The main benefit of this strategy is that [...]

With the frightening price of long term care insurance making people less likely to invest in their future, insurance companies are finding way to make this care more affordable. One way they are achieving this is by making a long term care insurance rider to go with a life insurance [...]

Many people are discouraged when it comes to the cost of long term care insurance. A great way to avoid spending a lot of money is to buy an insurance policy that carries a long term care rider. The Pension Protection Act was signed into law in August of 2006. [...]

When looking for long term care insurance, another question you must ask yourself is, “How will I pay my premiums?” Most plans offer different options for you to be able to choose the one that works best for your situation. A few options available to you will be annual premium [...]

Two types of standard long term care insurance plans are available. Understanding both types will help you to make the best decision for your circumstances and needs. Tax Qualified Plans: Long term care insurance plans that follow the federal HIPPA, or Health Insurance Portability and Accountability Act, are known as [...]

Some tax advantages are available for tax qualified long term care insurance plans. These tax advantages are meant to be an incentive for people to take personal responsibility for their own long term care. You should always see a tax accountant to see if your plan qualifies and have them [...]