Caring for Your Parents – Long-Term Care Insurance (Feb 21 07)

Long-Term Care Insurance can help EVERYONE SAVE MONEY in their future of their parents or maybe YOU need to get started now with the costs being far more inexpensive than if you start later. Story is from NBC Nightly News February 2007.

Can my wife have health insurance through her parents and myself?

We’re married and her parents don’t know. My insurance doesn’t cover her treatment but her parents’ insurance plan for her will. Is it illegal to have health insurance for 1 person from 2 companies? And will her parents find out that she’s married with insurance if she uses their health insurance plan?

How can I get health insurance for my parents?

My parents are in their early 50’s, and do not have health insurance. They are struggling with money, so paying for health insurance is the last thing on their minds.
Can I purchase health insurance for them? I have never purchased insurance before (I have always received it through employers).
Some facts:
› We live in NJ
› They [...]

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Can I have my parents and siblings covered under my long term care insurance policy?

I fear that the physical and financial burden of my parents/siblings care will fall on my shoulders. Can I take the necessary precautions and get some long term care insurance so that everything is taken care of, should something happen to any of them?