This is Part 1, of 7-part series, read the other parts here: Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7. This article is the first in a series on Medicare, the Federal government insurance program that provides health care to seniors and people with certain disabilities. In this article, I [Learn more…]
Insurance & Risk Management
What is umbrella liability insurance and why might you need it?
I have a confession to make: When I was 17, I took the family car one day to visit a friend who lived across town. I was a relatively new driver, having received my driver’s license – or maybe it was just a learner’s permit– only a few months prior. As I rounded a 30 [Learn more…]
Assessing Long-Term Care Insurance
In case you missed the May 1, 2015 Wall Street Journal article on long-term care insurance (Long-term Care Insurance: Is it Worth it?, by Leslie Scism), it was an exposé of sorts on the declining allure and questionable value of long-term care insurance. The main points of the article were: LTC insurance carriers have significantly [Learn more…]
“Mind The Gap” When Purchasing Long-Term Care Insurance… And Speaking To The Press
Last month I attended the National Association of Personal Financial Advisors (“NAPFA”) Spring Conference in San Diego, CA. NAPFA is the largest financial planning trade organization for fee-only financial advisors. (Sadly, the attendees, some visiting San Diego for the first time, were treated to a uniquely southern Californian phenomenon called “May Gray” for the duration [Learn more…]
Five Common Misconceptions About Disability Insurance
Over the past two years, I’ve been working with a team from the Society of Actuaries to assemble perspectives on disability for financial planners. We produced an extensive presentation for planners. I’ve delivered it several times – at NAPFA, FPA and other professional meetings, and in webinar form. I’ve spoken about the subject on the [Learn more…]
Disability is a life-long threat to your financial well-being
In early May, I made a presentation to the NAPFA National Conference on the importance of disability in financial planning. I was privileged to work with the Society of Actuaries to develop the material, and Edd Bailey (Vice President and Chief Actuary, Assurant Employee Benefits) joined me in making the presentation. Edd is a Group [Learn more…]
