Many Americans are grossly underinsured against the risk of devastating long-term care costs. According to the 2020 annual “Cost of Care Survey” from Genworth, the average yearly cost for a semi-private room in a long-term care skilled nursing facility is…
When it comes to figuring out how much life insurance you need, it’s important to determine how much you’re financially worth to your family. Otherwise, you’ll probably end up buying too much or too little coverage. Methods to figure out…
Why do I need critical illness insurance? While your health insurance will cover most of your medical expenses and costs associated with some medical issues, it won’t cover you for lost income and non-medical expenses you incur if you are…