Long term care insurance is one of the less popular insurance policies. Its lack in popularity is not really because of its unimportance but largely due to ignorance and general misconceptions.
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This is the long term care insurance industry's first, cooperative effort to build awareness and sales. LTC Association launches "Power Of One Million" awareness week campaign.
A 55-year-old individual considering long-term care insurance protection can expect to pay $665-per-year if they are married or $1,075 if they are single.
John Hancock Life Insurance Company has introduced a new, competitively priced long term care insurance product suite for the individual market in California.
Long Term Care Insurance Is Seen as a Critical Part of a Financial Plan. Agents, Brokers and Consumers Show Interest in LTC Insurance.
The American Association for Long-Term Care Insurance (AALTCI) established National Long-Term Care Awareness Week and will mark the annual event November 4-10, 2007.
Free Own Your Future planning guides from the federal government are being offered through the Michigan Health Department to the Aging to assist baby boomers and their families with long term care planning.
With heightened media attention on Long-Term Care insurance and baby boomers turning 60, Frank N. Darras, the nation's leading disability and Long Term Care insurance lawyer advises consumers to shop very carefully.
The vast majority of insurance agents and brokers who sell life, health, Medicare Supplement, annuity and investment products still do not offer long-term care insurance to their own clients.
The total value of long-term care insurance benefit payments for the 12-month period ending December 31, 2006 was $3.3 billion according to a just-published study. "This is the highest amount of benefit payments to Americans for a one-year period," announced Jesse Slome, executive director of the American Association for Long-Term Care Insurance, the industry's professional organization.
New brochure on long term care insurance is designed to help agents and brokers create successful alliances with local planners.
For choosing a long term care insurance policy there is no deadline, as there was with prescription drugs.
The legislation would establish tax free "long term care accounts" for individuals who might have problems with access to long term care insurance.
Answer service from LTC Financial Partners tells who can benefit from long term care insurance and how.
The LTC Partnership Program allows people owning state approved, tax qualified Long Term Care insurance policies to qualify for Medicaid without spending down their life savings.
Individuals who are in good health qualify for discounts that reduce the cost of long term care insurance by 10 to 20 percent each year.
If long term care insurance is indicated, the screening process continues exploring eligibility, alternative carriers, and policy options including a range of benefits and costs.
Majorities of respondents said they favor providing tax incentives for individuals to purchase private long term care insurance.
With the health care system heavily burdened, a long term care insurance policy is a wise precaution.
Long term care insurance is a fringe benefit that grows in value even after retirement.
Consumer directed health care is a popular new style of health insurance coverage, and it may be a useful model for people considering a long term care insurance policy.