Long-term care insurance is very expensive - the annual premium can easily be $2,500 or more a year - and many insurers have jacked up initial premiums by 20% or more over the past decade. (For ...

Long-term care insurance is coverage that will pay for assisted living, nursing home care or home health care in the event you are unable to care for yourself because of a chronic condition or ...

Already have a New York Life insurance, annuity or mutual fund policy? You can save 5% on your premiums in the first year. Long term care insurance can help pay for in-home care or physical ...

Many, if not most, policies offer lifetime coverage, meaning that if you need ... While Medicare typically does not cover these costs, long-term care insurance can fill that gap.

Learn more about long-term care insurance with GoldenCare here. If you're looking for a company that offers plenty of discounts to lower your premiums, then Northwestern Mutual is a great option.

In general, the income from a long-term care insurance policy is non-taxable ... deductions taken on Schedule A (Form 1040), meaning that the premium expense is deductible to the extent that ...

Some retirees have sufficient assets to self-insure, meaning they pay the cost ... You can also use HSA money tax-free to pay premiums for long-term-care insurance; the amount you can withdraw ...

Potential buyers should consider how much more expensive a hybrid policy is when comparing the equal benefits of long-term care insurance. A hybrid policy typically costs 40% to 50% more for the ...

Long-term care insurance comes in many forms at many costs, including as part of a life insurance policy. I hope to have a long, comfortable life, but I'm preparing for whatever is ahead.

Elderly people are paying higher premiums for the nation's long-term care insurance system as payments for nursing care services have risen due to the graying society. People 65 or older will pay ...

which will cover either long-term-care payouts or a death benefit for your heirs. The premium will not increase over the life of the policy. John Ryan, an insurance broker in Colorado, compared ...

"If I can’t take care of myself, I don’t know if there are people who feel a responsibility for me in the same way I did for my grandmother.” Craigen's solution: investing in long-term care insurance.