The latest book - The Dealer and the Dead - from Gerald Seymour is raw and hypnotic at the same time, though it does look more like reporting rather than fiction. You may also be disturbed by its brutality. This is the story of a British arms dealer Harvey Gillott who got payment for delivering arms to Croatian villagers anticipating a Serbian attack, but he never delivered. It resulted in the death of Croats against advancing...more
Battling with old age is arduous as your body weakens and your mind deteriorates. You wont be able to perform activities like normal adults, and you are dealing with death every time you digress all the things that are happening to you now. Another thing that makes you uncomfortable is the cost of care that can instantly sweep out your finances, no matter how hard you try to skimp on the expenses. Even the short term nursing home stay can rip...more
When we talk about long term care, most people normally raise their eyebrows and pretend not to care. Although the need for long term care is obviously high and important, many elders choose to remain at home and receive traditional care to keep their assets untapped for their childrens future. Some experts say that the next financial crisis is not recession; its the cost of long term care. In 2004, MetLife conducted a survey on the cost of long term care and revealed the average annual rate for nursing home was $70,000 and home care rate was more expensive. This is why many sick and frail elders choose to die rather than succumb from the ripping prices of long term care.Becoming uninsured is far threatening than losing your home from fire or car from accident. Death sneaks in no matter how hard you try to avoid it, especially if your age and health intervene. The longer you live, the longer you put your life and savings in jeopardy. What if you are afflicted with debilitating illness that would need treatments for three or more years? Long term care insurance is by far the most important investment you will make for your retirement. The benefits you will accrue from LTCi are not...more
Those who are still scratching their head whether to get long term care insurance or not, there are good reasons why you have to purchase it now. Did you know that you can reap tax benefits out of your long term care insurance?Tax Benefits for Qualified PoliciesQualified long term care policies are subject to federal income tax breaks, and it can...more
Most long term care insurance policies trigger claims when either of the two events occurs: severe cognitive impairment and loss of two of daily activities or ADL. Heres how claims process work:Inability to Perform Activity of Daily Living (ADL)Under federal and state law, activities of daily living include bathing, continence, dressing, eating,...more
Not everyone can qualify for long term care insurance because most insurance companies impose strict rules to filter out only the deserving ones. Health and financial qualifications are important keys to getting LTC insurance coverage.Medical QualificationsMost long term care insurance relies on medical underwriting as the basis whether the person will qualify or not. The company looks at the persons past medical records not just the present health condition.The following guidelines are assessed to know if you might qualify for coverage. A person should be able to do any basic activities of daily living (ADL) such as eating, dressing, and walking.A person should be able to perform without help from another individual or mechanic device like wheelchair or walker. A person should manifest clear memory regardless of ageIf a person has had medical condition, it should not be severe and it should be well controlled.Below are the some of the conditions might affect your eligibility:AIDSALS (Lou Gehrig's Disease)Alzheimer's DiseaseCirrhosis of the liverDementiaDiabetes under treatment with insulinDiabetes Type II and heart problemsFrequent or persistent forgetfulnessHIVMemory...more
Are you looking for affordable term life insurance but you dont from where to start the search. Nowadays there are thousands of people who share the same feeling. The good news is nearly all the people love to find affordable term life insurance...more
In todays ever-evolving world, gadgets have made an important place in our lives. Be it any occasion, people love to gift each other various types of gadgets that include latest electronic gadgets, toys for boys or any other gift. If you log on to...more
Having insufficient life insurance can have a devastating impact upon your family should you suffer an untimely death. However, at the same time purchasing insurance that you don't need is always going to be a complete waste of money. As such knowing...more
As one gets of age they tend to start thinking about their families future without them. Life insurance, whether term life insurance or whole life insurance, is very important if they are the primary financial provider in the family. However, the...more
When they reached a limited age they tend to start thinking about term life insurance or whole life insurance for their families future without them. It is very important if they are great financial source for their family. Life insurance varies not...more
Do you want to get long term insurance, but are having a hard time deciding if it is in your budget? Then you have to know the factors that influence the long term insurance cost.If you are just smart about it, you really can afford it...more