Wateridge Insurance Services Blog: long-term
View the latest blog posts from Wateridge Insurance Services.
Friday, August 5, 2016It's a decision many baby boomers are grappling with: Should I buy long-term-care insurance? The decision has never been more difficult. According to researchers at Georgetown University and Pennsylvania State University, about 70% of individuals 65 and older will need long-term care—whether at home or in an assisted-living facility or nursing home. READ MORE >>
Friday, May 27, 2016Health care costs are a big concern for people going into retirement, but the costs of long-term care can still be a shock. Here are a few facts: • 70% of people over 65 will need some form of long-term care at some point. • For married couples, the chance that one spouse will need long-term care rises to 91%. READ MORE >>
Friday, April 29, 2016Having insurance is a lot like carrying an umbrella with you at all times: Most of the time it feels burdensome, but boy, are you glad to have it when the rain comes. The right insurance policies are key to a healthy financial life. Below, we've explained briefly which those are, plus when you should purchase them. READ MORE >>
Friday, February 5, 2016Should you buy inflation protection for long-term care insurance? Absolutely. In fact, if you don’t think you can afford that extra coverage, you should probably rethink whether you should buy the insurance at all. READ MORE >>
Friday, December 18, 2015In recent months, major insurers have adopted “gender distinct” rates for new coverage. Translation: If you’re a woman, you’ll now pay more than a man for the same coverage.
Rates for single women rose 20 to 40% last year, while rates for single men fell 15%, says Jesse S... READ MORE >>