1. Long-Term Care vs. Disability Insurance

    Often times, Long-term care insurance(LTCi) and Disbility Insurance(DI) get confused with one another. Here we will clarify the distinction between the two types of policies and who they are designed for. The main distinction between these two policies, is timing. Disability insurance is designed for individuals that are still working, they are normally under the age of 65. It will replace a porti…Read More

  2. Quick LTC Fact: Reimbursement vs. Indemnity

    Reimbursement: Reimbursement means the policyholder is paid after services are received. The amount paid back to the policyholder is based on the either a daily or monthly amount (up to a pre-selected limit) for qualified services provided. The policyholder must maintain and submit receipts to their insurance company to receive payment. Daily reimbursement plans are common among Traditional long-t…Read More