The likelihood of needing some type of assistance with you or a loved one in 20 or 30 years is pretty high. Have you looked into a Long Term Care policy to help pay for the at home expenses or the nursing home expenses? Are you confused? Take a look at the following article to make sure you DO look at the items mentioned. – Melissa Levin, CFP, CFS
“Ask about claims-paying history. Check with independent insurance agents about the company’s reputation and look up the insurer’s complaint record with the state insurance department to see whether any enforcement actions have been taken against it. For example, in May 2008, state insurance regulators fined insurer Conseco $2.3 million and mandated $30 million in claims-handling improvements and restitution.” – Kimberly Lankford
CLICK HERE For complete article from Kiplinger’s.
LPL Tracking #602008