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Examples
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The study warns: "Even parents who have a strong desire to leave a bequest may be forced to revise their plans based on fluctuations in the value of their assets…or they may exhaust their wealth as a result of medical and, especially, long-term-care costs."
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The annuity-linked products, in particular, generally aren't as heavily underwritten as traditional long-term-care policies, says David Wolf, an independent insurance agent in Spokane, Wash.
'Combined' Insurance Policies Grow Anne Tergesen 2011
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If you're considering how best to shield your family and nest egg from long-term-care costs, start with a new study from the National Bureau of Economic Research: " Insuring Long Term Care in the U.S ."
Market Takes Another Bite Out of 529 Plans Cristina Lourosa-Ricardo 2011
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In addition to covering the risks of supporting other family members through life insurance or long-term-care coverage, and insuring against their accidents with your stuff through umbrella liability policies, Ms. Botsford also recommends setting up a separate limited liability corporation for any rental property you own.
Will Cousins Cost You? Kelly Greene 2011
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The program, Community Living Assistance Services and Supports, was designed to offer long-term-care insurance to the public.
Market Takes Another Bite Out of 529 Plans Cristina Lourosa-Ricardo 2011
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In doing so, however, the authors offer a good overview of how private insurance and Medicaid work (or don't work) and explain how recent initiatives at the state level (specifically, long-term-care "partnership" programs) are growing in importance.
Market Takes Another Bite Out of 529 Plans Cristina Lourosa-Ricardo 2011
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Other options have long been available to help people with long-term-care expenses, including private insurance and Medicaid.
Market Takes Another Bite Out of 529 Plans Cristina Lourosa-Ricardo 2011
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Unum, with about an $8 billion market capitalization, is one of the leading sellers of disability-income insurance to employer benefits programs, an intensely competitive business with rivals including giant MetLife Inc. It also is a big seller of life insurance and long-term-care insurance through employers.
Sun Life, Unum Discussed Deal Earlier This Year Gina Chon 2011
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The report focuses primarily on economics and policy: how the country might best grapple with the risk of long-term-care expenditures.
Market Takes Another Bite Out of 529 Plans Cristina Lourosa-Ricardo 2011
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Insuring Your 'Toys' The questionnaire raises the issues of buying long-term-care insurance for family members in lieu of your having to provide them care, whether your family members drive vehicles titled in your name, and whether your children or grandchildren are named on your insurance coverage.
Will Cousins Cost You? Kelly Greene 2011
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