Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with …
Even if you are in your thirties or forties you need to pay attention to this article. Your future retirement assets are at risk too. You insure your homes yet there is only a 1 in 300 chance of a house fire. You insure your cars and yet there is only a 1 in …
What is the #1 threat to your retirement savings? Read More »
This may not be as unlikely as you think! A recent article in Forbes highlighted this issue. To view the entire article goes to: http://www.forbes.com/sites/northwesternmutual/2014/02/03/who-will-pay-for-moms-or-dads-nursing-home-bill-filial-support-laws-and-long-term-care/. One of the byproducts of new medical technology is longer life expectancies. In the past a stroke, heart attack or cancer may have killed us. Now with new medical …
Can you be forced to pay Mom or Dad’s Nursing Home Bill? Read More »
Spencer Insurance Agency, Inc., an independent insurance agency, provides life insurance, disability insurance, auto insurance, home insurance, business insurance, and umbrella coverage.
