Who Pays When Insurance Companies Err?
It’s hardly fair. Thousands of people made deals with long term care insurance companies, agreed to a rate for the... more
Building an LTCI Policy You Can Afford, Part 3
Once you’ve built an LTCI policy that meets your present and future financial needs, it is important to be aware... more
Building an LTCI Policy You Can Afford, Part 2
In our last post, we discussed the importance of checking out the rates at several different insurance companies before buying... more
Building an LTCI Policy You Can Afford
With the recent upheaval in the LTCI industry (see previous posts on the subject), being prepared for the possibility of... more
LTCI Industry Spiraling
Why are so many companies pulling out of long term care insurance? Shortly after announcing their withdrawal from the individual... more
Prudential: Another LTC Insurer Bites the Dust
Prudential Financial said in March that it will be the latest long-term care insurance provider to quit selling to individuals.... more
Long-Term Care Insurance: An Inefficient Market
As a whole, the United States is known to be a risk-averse country. We can buy protection to cover everything... more