Long-term care insurance is more than an income stream. There are other benefits that generally come with an LTC policy that most people don’t know about. What are these “other benefits”?

Planning for long-term care is crucial. There’s not a “one size fits all” solution for each person or family, but a plan should be put in place ahead of time to protect your family, income, and assets. Planning ahead instead…

Why is planning for long-term care (LTC) important? It comes down to consequences: financial, physical, mental, and emotional. How does a long-term care situation affect your family, spouse, adult kids, grandkids, nieces, nephews, etc? A long-term care situation is more…

Benefits from a long-term care insurance policy can be paid out by using a cash indemnity or reimbursement method. The benefit amount choices range from $50-$500/day or $1,500 to $15,000/month, depending on the insurance company.

An elimination period (EP) in a long-term care insurance policy is the waiting period or number of days that you are considered “benefit eligible” and typically receiving care, but before you start to receive payment for services. Think of an…

You or a loved one made the wise decision to buy a long-term care insurance (LTCI) policy, great choice! Now what? When are you eligible to receive the benefits? Benefit Triggers LTCI policies have “benefit triggers” that will enable you…

The holidays are upon us which means you’ll likely be spending extra time with your loved ones. It will be tempting to keep it lighthearted and not talk about awkward or hard stuff. Most people want to avoid talking about…

Long-term care expenses aren’t a drop in the bucket. They continue to rise each year, so it’s important to consider how you’re going to pay for care when you need it. In 2021, in Columbus, OH, the median cost of…

Long-Term Care is the personal assistance you need throughout the day when your health is compromised to help maintain your quality of life. A need for long-term care (LTC) may result from an accident, illness, stroke, aging, or other chronic…