The U.S. Census is confirming what we already know. Americans are getting older. As Late-Boomers get close to age 65, the remaining Boomers still have longevity. More dependency means planning is essential.
Another research study is showing the significant impact caregiving is having on American families. Without long-term care insurance, family members become caregivers. A growing number of loved ones find themselves in this role.
The recent COVID-19 virus crisis shows us the many challenges of long-term care and caregiving. Many existed prior to this crisis. Advance planning, including LTC Insurance, makes future long-term care easier and affordable.
Long-Term Care Insurance is paying benefits to American families but a new report shows benefits start flowing fairly quickly once a policy goes in force.
A new research study shows we focus on death than living. Longevity continues to be a major retirement concern. The costs and impact of long-term care needs to be a key component of your planning.
More people own Long-Term Care Insurance. $11.6 Billion in benefits was paid to American families in 2020 providing quality care, reducing family stress, and protecting savings. A new claims study shows 64% of those on claim were women.
Long-Term Care Insurance remains a very affordable way to address the financial costs and burdens that come with aging. A national study of insurance companies shows premiums for new coverage in 2019 varies slightly from plans available in 2018.
American families are directly impacted by longevity. Aging means more of us require long-term care services. Family caregivers feel stress when no advance plan is in place often impacting their health and well-being.
Studies show the obvious. Long-Term Care creates stress and burden on family caregivers, no matter the reason care is required. An advance plan can ease the burden and provide asset protection.