Most long-term care insurance policies are designed to mitigate the cost of long-term assisted living care, not to cover the entire daily cost.
Retirees should plan to absorb some of the cost themselves, assuming that daily supervised care is needed. That being said, if you own a long-term care insurance policy and the insurance company is refusing to pay benefits for the care you need, then you may have a fight ahead of you.
Insurance policies by nature are complex with various stipulations for how benefits are paid, so the first step in to avoiding a dispute is to understand your policy very clearly and ask your insurance agent as many questions as possible.
Generally speaking, it’s a good idea to choose a manager who has experienced various market cycles. Younger advisors...
The simplest answer is: to make money! Owning shares of a company’s stock is known as taking a long position
An adjunct account increases the valuation of a liability account. It is commonly used for a bond issue sold at a premium
The A-/A3 rating is considered Investment Grade, but it is getting closer to the Junk Bond range
Foreign Transaction Fee. Credit cards & debit cards will charge an additional percentage on transactions made abroad
Earnings estimates are generally consolidated estimates which are averages of the estimates given by a number of...
Earnings Before Interest, Taxes, and Depreciation (EBITD) is one method of viewing the earnings of a company with...
Mortgage insurance may refer to a few kinds of insurance that protects the lender in a mortgage loan
Many examples of open-source software exist today, including the code for Bitcoin and other cryptocurrencies
The Arms Index is also called the Trin (short for “Trading Index”) because it seeks to indicate overbought or oversold conditions by serving as an index of trading activity