The term “self-insuring” is a pet peeve of mine. It is a term that I find particularly annoying every time I hear it. Why? It’s a misnomer. And misleading. There is no such thing as self-insuring. One of the principles of modern insurance is pooling funds from the many to pay for the losses of
Tag Archives: risk
It’s time to get back to the basics! Do you know what long-term care is and your risk of needing it?
Planning for long-term care (LTC) is about dealing with the reality of needing assistance as we age. We’ll be the first to acknowledge this is not a fun conversation. But ignoring information to avoid the reality of needing long-term care is not a solution.