Can I stop/pause benefits after I start using my LTC insurance?
Emily in MIchigan has a cash indemnity LTC plan. She asked, "Do they just keep paying until the benefits are all used or can she stop the payments mi...
Preparing For Tomorrow podcast
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About
Diane Stoddart, Certified Long Term Care Consultant, will show you how to protect your family and loved ones from the financial, physical and emotional burdens and consequences when long term care is needed. Each week, Diane will help you to navigate through long term care concepts, terms and options and to discuss what strategies are available that can best protect both your family and your nest egg. We will invite guests to sit with us and share ideas regarding various parts of our lives as they relate to long term care planning.
Why can't I just get a quote online like with other insurance?
LTC insurance is not like any other insurance as we need to work with so much uncertainty when designing a plan. With property insurance, we assess a...
What does Contingent Non-Forfeiture mean? Is it on every LTC plan?
Welcome to season 3!!!! Steven in New Jersey asked about contingent non-forfeiture. He wants to know if every LTC plan has it. Diane shares what bo...
My husband's LTC insurance will end next month. What can I do to keep it active?
Although Maria's husband has used over $393,0000 on LTC benefits over the last 5 years, it wasn't enough. He still needs help with dementia, and they...
Should I include inflation protection in my LTC plan, even at the higher cost?
This week, Irene in Nebraska wants to know if she should include inflation protection on her LTC plan, at a significantly higher cost. Nursing home co...
Prepared or not prepared? - that is my question...
If we prepare today, our families will be better prepared for tomorrow. Life insurance and LTC insurance are not for us - they're for those we love t...
What is Restoration of Benefits? What other optional riders are available?
There are optinal benefits with many LTC plans. How do they work and which are more useful and useble than others? Diane shares optional benefit op...
Why do you need to know my financial information to get me a quote?
Thomas in New Mexico wants to know why sharing his financial details is needed to run a quote for LTC insurance. Diane offers multiple reasons why i...
Will using the LTC benefit decrease the death benefit? How?
Nicole wants to know how using the LTC benefit will affect the death benefit in a life/LTC combo product. Diane shares some different ways the insura...
Coming soon to a state near you...
I'm amazed at how many people in the last week have told me they wish they would have taken the new Washington tax, or WA Cares Act more seriously soo...