Financially Simple

In episode 177 of Financially Simple, Justin discusses Long-Term Care policies and coverage with expert Jim Detar. Long-Term Care policies have changed over time as insurers adjust to the trend of increasing the amount of care. Justin and Jim Detar go over these trends, what to look for in a policy, and alternative options to Long-Term Care policies. TRANSCRIPT/BLOG: BLOG: Long-Term Care Part II - Insurance Options for Small Business Owners Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:14 - How to Pay For Long-Term Care 01:43 - Speaking with Expert Jim Detar 02:59 - What is Long-Term Care? 04:14 - Pooled Risk 06:06 - Recent Trends 10:12 - What to Look For in a Long-Term Care Policy 10:59 - The Benefit Dollar Amount 12:22 - The Deductible Period 13:01 - The Benefit Period 15:29 - Home-Care Insurance Policies 17:49 - Is Long-Term Care a Medically Underwritten Policy? 19:52 - Can a Life Insurance Policy Cover Long-Term C