recent Financial Planning
Magazine article discusses new tax laws that may increase the
popularity of combining life insurance and annuities with long-term care
insurance. Long-term care ("LTC") insurance sales have been in a decline over
the past several years. Many believe that...
By Scott Alan Mitchell
As the name
implies, long-term care insurance (LTCI) is an insurance policy that
individuals can purchase to pay for some or all of the costs of
long-term care. LTCI often covers not only skilled nursing care but also
assisted living, personal care, in-home care, respite...