What Happens If My Long-Term Care Insurance Policy Premiums Keep Increasing and I Can’t Afford to Pay Them?
If you are faced with an egregious increase in your premium you may have legal recourse by: Contacting state insurance regulators or Voicing concern at public meetings to consider rate increases or Lawsuit if the [...]
This following is a general statement of what happens often but is not a guarantee of an outcome. Whether you can ultimately reinstate your Long Term Care Insurance Policy (“Policy”) depends heavily on: (a) Policy [...]
If you become disabled due to an illness or injury for which qualifies you to receive long-term disability payment, usually you no longer need to pay premiums. Most policies contain a waiver provision that provides [...]
What is a life insurance contestability period? If the life insurance policy holder dies within the contestability period, the life insurance company will investigate whether the insured provided accurate information on the policy application. [...]