Parkway Insurance Group, Inc. Blog: term
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Friday, March 10, 2017It's a decision many baby boomers are grappling with: Should I buy long-term-care insurance? The decision has never been more difficult. According to researchers at Georgetown University and Pennsylvania State University, about 70% of individuals 65 and older will need long-term care—whether at home or in an assisted-living facility or nursing home. READ MORE >>
Friday, January 13, 2017Health care costs are a big concern for people going into retirement, but the costs of long-term care can still be a shock. Here are a few facts: • 70% of people over 65 will need some form of long-term care at some point. • For married couples, the chance that one spouse will need long-term care rises to 91%. READ MORE >>
Friday, September 30, 2016When it comes to life insurance, most buyers simply pick a number for the desired death benefit and go through the motions of the application process. There isn’t much thought as to the amount or type of insurance best fits the bill. Term insurance is the most popular type of life insurance bought in the US today. READ MORE >>
Friday, September 23, 2016Having insurance is a lot like carrying an umbrella with you at all times: Most of the time it feels burdensome, but boy, are you glad to have it when the rain comes. The right insurance policies are key to a healthy financial life. Below, we've explained briefly which those are, plus when you should purchase them. READ MORE >>
Friday, July 8, 2016Should you buy inflation protection for long-term care insurance? Absolutely. In fact, if you don’t think you can afford that extra coverage, you should probably rethink whether you should buy the insurance at all. READ MORE >>
Friday, June 3, 2016In recent months, major insurers have adopted “gender distinct” rates for new coverage. Translation: If you’re a woman, you’ll now pay more than a man for the same coverage.
Rates for single women rose 20 to 40% last year, while rates for single men fell 15%, says Jesse S... READ MORE >>
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