Dear Bruce: I am 68, married and working full time. I have a question on term insurance. I had a $50,000 full-life policy since I was a kid, and, perhaps foolishly, I let it lapse a year ago. I hear many ads for term insurance at reasonable rates but...
(1 month and 22 days ago)
L is for Life Insurance. Life insurance is one those tricky concepts that make figuring federal income tax so frustrating for taxpayers. That's because the question "Is life insurance taxable?" is properly answered, "It depends."
(2 months and 1 day ago)
With Easter approaching, it's as good a time as any to start thinking about our mortality. According to JD Power and Associates, ownership of life insurance policies has been declining over the last couple of decades, leaving 50 million Americans without adequate life insurance coverage and 40% of adult Americans having no life insurance at all. As a result, less than 25% of...
(1 month and 23 days ago)
Japan's third- and fourth-largest life insurers by assets, Meiji Yasuda Life Insurance and Sumitomo Life Insurance, are among the bidders for a 20% stake in Thai Life Insurance.
(2 months and 11 days ago)
The platonic guardians of retirement advise us to buy long-term care insurance. Protect your family from the devastating costs of nursing homes, they say. You are supposed to start chipping in premiums at a young age like 55, building up equity that covers you much later in life.
(1 month and 21 days ago)
Plaintiffs say the insurer violated Oregon's elder abuse law in how it denied or delayed legitimate claims for long-term care insurance.
(1 month and 15 days ago)
It’s true that men have always paid more for life insurance then women based simply on the fact that women statistically live longer. A similar pricing structure is about to come to the long-term care insurance industry, only in favor of men this time around, and for the exact same reason. On average, women outlive men by five to seven years. The older we become the greater...
(2 months and 24 days ago)
NEW YORK (TheStreet) -- Hey, here's a deal: Convert your no-frills term life insurance policy to a permanent policy that could add decades of coverage and, on top of providing a death benefit, function as an investment for retirement! If you've had a term life policy for a while, you may find your agent or insurer pushing you toward this kind of move. But is it such a good...
(2 months and 29 days ago)
Filed under: Elder Care, Home Health Care, Nursing Homes, Retirement Homes, Long Term Care Insurance, Retirement Living In the world of insurance products, long-term care insurance is a relative newcomer. It was introduced in the late 1970s, but in recent years, it has become a much more important element of retirement planning thanks to twin rises in health care costs and...
(2 months and 11 days ago)
Q: Will a primer make my complexion look better? And will it clog pores? A: “For years I thought primers were unnecessary — just another heavy, pore-clogging layer,” says makeup artist Pati Dubroff, “but when I actually used a mattifying primer, I became a total convert. It acts as a ... More »
(3 months ago)
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