Learn how elimination periods impact insurance costs and benefits. Discover tips for choosing the right waiting period for ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

In 49 states, long-term disability benefit claims for physical ailments – like cancer, arthritis and stroke – are assessed differently than mental health issues such as major depressive disorder, ...

Offsets are a tool insurers use to reduce the benefits they owe an injured worker by deducting benefits the worker receives ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

How would you support yourself or your loved ones if you couldn't work due to an injury or illness? A majority of respondents said they'd dip into financial reserves or borrow, according to a study by ...

Insurance and financial plans go hand in hand. Used together, they can ensure that clients are not only protected in the event of unforeseen circumstances but also positioned for long-term financial ...

Question: Sorting out long-term care is a top concern as I approach retirement. However, I'm not sure how to best manage the expense. Is long-term care insurance worth it? Answer: The affordability of ...