Author Archives: Nicole Gurley

Is Long-Term Care Insurance On Its Death Bed?

When I started my business in 2000, there were about 140 insurance companies marketing long-term care insurance products. Today, just a handful. About seven offering standalone products if you count the federal program for government employees. More if you include insurers offering hybrid designs that include a life insurance or annuity component. Collective premiums in

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The Wish Act – Appropriately Named

Another attempt at long-term care funding. The WISH Act: Well-Being Insurance for Seniors to be at Home. Do we need it? Sure. Only 10% of Americans aged 50 and older have long-term care insurance. Yet most of us will experience a long-term care event once we reach age 65 and beyond. Average long-term care expense

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5 Reasons Why You Need To Plan For Long-Term Care

It’s not a fun topic. We get that. But it just might be the most important thing you do to protect your financial security. Here are five key reasons: Most Americans aged 65 and older will need long-term care. Who Needs Care? | ACL Administration for Community Living It’s not covered by Medicare. Medicare | ACL Administration

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Top 10 States For The Lowest Cost of Care

Long-term care expense planning is complex. A lot of factors need to be considered to put in place the appropriate product, coverage and premium.  Like what you ask.  For starters, your health history, wealth, asset location and financial goals. When we get to the cost and coverage, we need to understand where you would reside

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