Residual Disability Benefits are paid to you when you are considered partially disabled. How Do I Qualify for Residual Disability Benefits? There are 3 factors: Loss of Income – When you lose at least 15-20% of your income as a…
Do You have a Health Savings Account? Did you know you can use it to pay long-term care insurance premiums? An HSA is a valuable tool tied to a high deductible health insurance plan that can help pay for qualified…
How do I know if I’m a beneficiary? Beneficiaries will need to file a death claim to receive the payout. You should talk to your loved ones to find out if you’re named as a beneficiary. If you know in…
Disability insurance policies provide meaningful coverage, but your policy will not cover every single case of disability. When you apply for a policy, there may be specific limitations or exclusions. Insurance carriers do this to reduce risk. This will protect…
Your loved one needs an increased level of care either due to a physical or cognitive impairment AND they have a long-term care insurance policy. How do you file a claim? First, locate the policy or any records of premium…
Washington State passed a new law mandating public long-term care (LTC) benefits for Washington residents. It’s the first public program in the U.S. that will be funded by employee wages (payroll deduction). The WA Long-Term Care Trust Act was created…
If you have a life insurance policy, it’s important for you to talk to your loved ones about it’s details. If it’s still in-force at the time of your death, your beneficiaries can submit a claim with the appropriate documents.…
If you can’t work, how will you pay your bills and plan for retirement? Disability insurance is protection for your paycheck. Which insurance company do you choose? There are a variety of factors that determine the quality of a disability…
Your aging or ill loved one is requiring an increased level of care either at home or in a facility. You suspect they have a long-term care insurance policy, but now what? First, start by looking for their policy or…
The cost of an individual disability policy can vary greatly depending on your age, health, gender, occupation, benefit period, benefit amount, waiting period, and policy riders. A general rule is that it will cost between 1 and 3% of…