Okay, so you’ve become aware that your life’s savings is at risk in the game of Long Term Care. You know about the “spend-down” rules before getting public financing. So how do you plan? You could buy LTC insurance. In the landscape for Private Long Term Care Insurance, there are…
In my childhood, I recall people speaking fondly of living “to a ripe old age.” My own father lived to celebrate his 100th birthday. But old-age is not always a blessing. Longevity creates its own expensive problems, and many more of us are living much longer than in the past.…
In my childhood, I recall people speaking fondly of living “to a ripe old age.” My own father lived to celebrate his 100th birthday. But old-age is not always a blessing. Longevity creates its own expensive problems, and many more of us are living much longer than in the past.…
In the last column, we discussed the risks of Premature Death, Old Age, and Disability. One of these three gremlins is sure to take away your earning power, sooner or later. The Insurance & Health Insurance Industry offers policies to protect against all three. Life Insurance pays best when you…
It is sometimes said that the Insurance Business is divided between those who insure Property Values and those who insure Human Life Values. What do we mean when we say Human Life Values? Life & Health Agents are fond of saying that we protect against the risks associated with Premature…
“Buying insurance through the mail is only slightly less risky than getting a mail-order appendectomy,” my former mentor was fond of saying. Rex Alan Smith (R.I.P), a respected New York Life agent, was viewed as a true professional. Among other things, he taught me to take a dim view of the kind…
Many people, me included, have been critical about controversial features of the Health Reform Act. Perhaps the most important flaw is what the law didn’t include. I refer, of course, to the business of Tort Reform. Why don’t we just say Legal Reform? “Tort” is a more specific word, so…
