The primary choice in life insurance is between “term” insurance (which expires after a defined period) and “permanent” insurance (which doesn’t expire until you do). Here's what you need to know to make that
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Being single puts the responsibility of preparing for your later years squarely on your shoulders, especially if you don’t have adult children. So you need to have a plan.
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Medicare pays the full tab for many healthcare screenings and preventive services, including yearly checkups and flu shots. Yet millions of people eligible for such benefits don’t take advantage of
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Anywhere rain can fall, a flood can follow. Obviously, flooding is more likely in certain areas — such as near rivers and coasts — than in others. But low risk doesn’t mean no risk. Floods can occur even in seemingly
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How would you cover the cost of long-term care? It's a question most people can't answer, and understandably so. The cost of care is high, and rates for long-term care insurance have risen sharply.
On yesterday's
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MassMutual is the latest among many long-term care insurance (LTCI) providers to announce significant rate increases for existing policyholders. The company recently announced plans to seek a whopping 77% rate hike that
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Imagine an investment with the stock market’s upside potential, but the downside protection of a bank CD. You can gain but not lose. Interested?
That’s the marketing angle of the fixed index annuity (FIA), an
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In response to our November-issue article Bridging the Gap: Covering What Medicare Doesn’t Pay, a reader asked for a follow-up piece on “using a Christian health sharing plan as a supplement to Medicare.” We’re happy to
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Many people assume Medicare pays for all medical expenses of America’s seniors. That isn’t the case and never has been. The program — modified only slightly since being launched more than a half-century ago in 1965 — was
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Disability insurance may seem like just one more layer of protection you don’t really want to pay for. However, as when considering all forms of insurance, it’s wise to ask yourself, “What if?” In this case, what if you
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