Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

Mutual of Omaha has the best traditional long-term care insurance because of its customizable options and great customer service. Find Cheap Life Insurance with an LTC Rider in Your Area To find the ...

NEW YORK--(BUSINESS WIRE)--To help more people prepare financially for the future, New York Life is introducing its next generation long-term care insurance product, NYL Secure Care. NYL Secure Care ...

Long-term care insurance (LTC) can pay for costs not covered by health insurance or Medicare, like a home health aide, physical therapy or ongoing care in a nursing facility. Before you buy a policy, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. For the millions of Americans who don't qualify for traditional ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

The high cost of long-term care can significantly impact seniors' finances at a time when many older Americans can least afford it. According to Genworth's 2023 Cost of Care Survey, the average cost ...

Elaine Shelly is a writer and filmmaker who spends her free time with books, music and yarn. Alena is a professional writer, editor and manager with a lifelong passion for helping others live well.

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Each of us must make the decision either to self-insure for our long-term care or get long-term care insurance. Periodically, insurance salespeople have set up billboards suggesting that if your ...

Over half of seniors will need help with eating, getting dressed or other basic activities at some point, according to the U.S. Department of Health and Human Services, and the cost of help continues ...