Experts estimate that about one out of every 10,000 people have Huntington’s Disease.
Read MoreHuntington’s Disease and Long-Term Care (LTC) Insurance
Editors’ Picks
Rising Costs of Dementia Due to LTC, Not Medical Care
Dementia patients’ long-term care (LTC) makes up the bulk of cost in treating the disease, and not the actual medical treatment itself, stated a 2013 RAND Corporation report. RAND research estimated dementia costs to reach as high as $511 billion by 2040 and found the bulk of the cost was LTC. The aggressive rise in cost, RAND researchers noted, was due to gaps in current policy that didn’t adequately support treatment measures financially and left too…
Read MoreMany Americans Unprepared for Long-Term Care Expenses
Planning for retirement in the long-term is on the to-do list for most people. However, many Americans neglect to prepare for long-term care (LTC) expenses, which can often turn out to be the most significant expense you’ll face in retirement. Approximately 70% of adults will need long-term care eventually, according to the U.S. Department of Health and Human Services. And those who do need this type of care will require it for an average of…
Read MoreWhat are the Differences Between Short and Long Term Disability Insurance?
If you’re looking for insurance to protect your income, the first decision you have to make is what type of insurance you need Disability insurance is a type of policy that provides an income in the event you become sick or injured and cannot work. The decision on whether you buy short-term disability insurance or long-term disability insurance will depend on what you’re trying to protect. Short Term Disability Insurance (STD) Short-term disability insurance is…
Read MoreWhy Your Group LTD at Work Isn’t Enough
Many employers provide their employees with group long term disability insurance (LTD). While this is a nice benefit for employees, you should be aware of the pitfalls inherent in group LTD plans and how to shore those up. There are major differences between group and individual disability insurance plans, and a combination of the two usually provides the most comprehensive and cost effective coverage. Since your income is the most valuable tool you have for…
Read MoreWhy “Own Occupation” Disability Insurance is Important
What is Own Occupation Disability Insurance? You may have heard that if you’re looking for disability insurance, you should be looking for “own occupation” coverage. In the past 20 years of working with clients to protect their income, I’ve heard it called “owner-occupation”, “owner-occupied”, “own-occ,” and a variety of other derivatives of the correct terminology “own occupation,” but the basic concept is that it’s a type of disability insurance that pays if you can’t do…
Read MoreGender Inequality & Insurance
Gender does matter— especially when it comes to insurance. Whose rates are higher? And is it justified?
The process of determining premiums based on gender is known as gender rating, and it has its critics. Here are several examples of how gender impacts your insurance rates.
Women’s life insurance rates are lower because they statistically live longer than men.
Read MoreHow Insurance Needs Can Vary Over Time
Throughout our lives we will ask each other the following questions regarding insurance – what kind of insurance do I need and when should I purchase it?
Read MoreOur Tор 5 Insurance Tірѕ for Millennials
What is the Millennial Generation? The term “Millennial” is usually applied to individuals who reached adulthood at the turn of the 21st century, but the precise line of demarcation can vary depending on the source. Neil Howe and William Strauss wrote an influential book back in 1991, Generations: The History of America’s Future, 1584 to 2069, and as a result, they’re most often cited as the guys who stuck you with the brand. As a…
Read MoreDisability Insurance Basics
If you rely on your income, you need to protect it with a good disability insurance policy. Many people take this for granted, but consider the economic impact you have to your family: Annual salary: $50,000 Age: 35 Retire at age: 65 Earned income over 30 working years: $1,500,000 Do you have anything else in your possession that’s worth over $1,5000,000? If you did, wouldn’t you insure it against loss? That’s what disability insurance does…
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Oct 30, 2019
LA County residents forced to evacuate could tap insurance for cost reimbursement
LOS ANGELES, Calif. — Thousands of residents from Los Angeles
Health
Mar 17, 2020
The Essentials of Long-Term Care Insurance
When you’re young, long-term care insurance is not something
