Long Term Care Blog

When is the Best Time To Buy Long Term Care Insurance?

| Jack Lenenberg

Long Term Care Insurance PlanOne of the questions I often receive is "When is the best time to buy long term care insurance?"

While certain media pundits such as Dave Ramsey might tell you that the age 60 is the magic age to buy long term care insurance, the truth is that...

New York Life Asset Flex Review/AARP

| Jack Lenenberg

Aarp New York Life Asset FlexDecember 20, 2017.   New York Life earlier this year introduced the New York Life Asset Flex universal life insurance policy with long term care benefits as a way for consumers/ AARP Members to plan for their financial long term care...

Costs of Long Term Care Rise Again

| Jack Lenenberg

Long Term Care CostsExperts say over 70% of people age 65 or older will need long term care at some point in their lives, and for this subset of Americans the cost of long term care services has increased again.

According to the Genworth 2017 Cost of Care Survey...

Mass Mutual CareChoice One Fails to Deliver

| Jack Lenenberg

Mass Mutual CareChoice One Review and Rating

Updated July 30, 2020

Mass Mutual CareChoice One is a single premium hybrid long term care insurance policy.  Hybrid long term care policies combine cash value life insurance with a long term care...

Lincoln Moneyguard II pricing changes announced

| Jack Lenenberg

Genworth Long Term Care Insurance ReviewEffective April 17, 2017 Lincoln Moneyguard II will be introducing pricing changes for new sales of the Lincoln Moneyguard hybrid long term care insurance policy, pending state approval. In addition to pricing changes, Lincoln will be introducing...

John Hancock exits long term care insurance sales

| Jack Lenenberg

John HancockJohn Hancock Discontinues LTC Insurance Sales

One of the pioneers of long term care insurance announced today it is making the difficult decision to stop selling long term care insurance policies effective December 2, 2016.  John Hancock has...

IRS Increases 2017 LTC Insurance Tax Deduction Limits

| Jack Lenenberg

Long Term Care Insurance Tax DeductionThe IRS just released an announcement that the 2017 tax deduction limits for traditional tax-qualified long term care insurance premiums are increasing for tax year 2017.  The increase approximates 5% from the 2016 LTC tax deduction limits.

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LifeSecure long term care insurance review

| Jack Lenenberg

Life Secure Long Term Care InsuranceFounded in 2006 as a wholly owned for-profit subsidiary of Blue Cross and Blue Shield of Michigan, LifeSecure Insurance Company focuses on long term care insurance, marketing today only within the group worksite arena. 

Initially, LifeSecure...

New York Life long term care insurance rating and review

| Jack Lenenberg

Review of New York Life long term care insurance AARP

The following is an independent review of the New York Life Insurance SecureCare long term care insurance policy.  We are not affiliated with New York Life Insurance Company or AARP.

NYL...