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Not all Long-Term Care Policies are the Same
The idea of a serious illness late in your life is not a pleasant one, but it’s wise to protect yourself and your family from the financial hardships associated with long term care (LTC). One way to protect yourself is by purchasing a long-term care insurance policy.
Not all long-term care insurance products are [...]
The idea of a serious illness late in your life is not a pleasant one, but it’s wise to protect yourself and your family from the financial hardships associated with long term care (LTC). One way [...]
When Should you Trade in your Disability Insurance Policy for Long-Term Care Insurance?
At what point in life should you consider trading in your disability insurance for traditional long-term care insurance or a hybrid life and long-term care policy? The purpose of disability insurance is to protect your income in the event you become sick or hurt and unable to fulfill the duties of your occupation. In t [...]
At what point in life should you consider trading in your disability insurance for traditional long-term care insurance or a hybrid life and long-term care policy? The purpose of disability insurance [...]
Long-Term Care Insurance Tax Deduction
As you complete your 2016 taxes please remember that if you have a long-term care insurance policy you may be eligible to deduct a portion of your premiums.
As an individual, long-term care premiums along with other medical expenses are considered tax deductible if they exceed 10% of your adjusted gross income (7.5% [...]
As you complete your 2016 taxes please remember that if you have a long-term care insurance policy you may be eligible to deduct a portion of your premiums.
As an individual, long-term care premium [...]
