best age to purchase ltci

What’s the Best Age to Purchase LTCI?

When it comes to Long Term Care Insurance, one question we are often asked is “at what age is it best to apply for LTCI?” Many clients wonder if they’re “too young” or “too old” to obtain coverage and there are two schools of thought on this.

Long Term Care Insurance Claim

Dos and Don’ts of Getting a Long Term Care Insurance Claim Approved

Because of the nature of long term care insurance (LTCI), decades may pass between the time a client’s LTCI policy is issued and the time he or she files a claim. However, once LTCI benefits are needed, chances are, they’re needed ASAP. Unfortunately, filing a LTCI claim

key facts long term care insurance

3 Key Facts to Know about Long Term Care Insurance

3 Key Facts to Know about Long Term Care Insurance While many people think they know what Long Term Care Insurance (LTCI) is, there are many misconceptions out there. Here, we tackle three key facts to gaining a clearer understanding of LTCI. Fact #1: Medicare Isn’t the

introduction to long-term care insurance

A Brief Introduction to Long Term Care Insurance

You’ve heard about Long Term Care Insurance (LTCI), but do you really know what it is, not to mention if you need it? Here’s a brief intro to Long Term Care Insurance to help you get started. LTCI reimburses policyholders a fixed daily or monthly amount when

Understanding Medicare’s Long Term Care Benefit

A surprising number of seniors still believe that Medicare will cover all their long term care expenses, according to a study by AARP. But here’s the reality: Medicare offers limited-time long term care coverage that applies only to skilled nursing care. Long term care insurance (LTCI), on the

More Long Term Care Providers Are Footing Kids with Their Parents’ Bills

A rising number of nursing homes are pursuing the adult children of patients for their parents’ unpaid bills. It’s called filial support litigation, and it’s a growing trend among long term care providers. Thanks to something called filial responsibility laws, the providers often prevail. More than half

What to Do When Your Loved One (or Client) Has an LTCI Claim

Anyone who has filed insurance claims before—whether for home, auto, or health coverage—knows that the process doesn’t always unfold smoothly. So if you are helping someone who has, or may have, a long term care insurance (LTCI) claim, the first thing to do is contact his or

OneAmerica’s Asset-Care Life/LTCI Plan: 4 Unique Features

Where there are a number of quality life/LTCI plans out there, one that we have been recommending frequently lately is OneAmerica’s Asset-Care product, because it offers unprecedented flexibility in a number of areas. How it works: in return for the premium (typically drawn from an existing asset,

introduction to long-term care insurance

The 2-Minute Introduction to Long Term Care Insurance

The 2-Minute Introduction to Long Term Care Insurance You’ve heard about Long Term Care Insurance (LTCI), but do you really know what it is, not to mention if you need it? LTCI reimburses policyholders a fixed daily or monthly amount when they require assistance with two of

Medicare couple

Long Term Care Insurance: 7 Common Questions Answered

Long Term Care Insurance: 7 Common Questions Answered Once people start to learn about Long Term Care Insurance (LTCI), they often have questions. Here, we answer those we hear most often. What is the underwriting process for LTCI? Whether you’re considering a traditional or asset-based LTC plan,