Thursday, January 10, 2008

 

Insurance Company Warns Baby Boomers to Plan Ahead on Life Insurance

Platinum Insurance, an online source for life insurance information and policies, is responding to a recent study by America's Health Insurance Plans that reported a startling statistic that baby boomers have not focused on planning for long-term care expenses. With the misconception that long-term care costs will be covered by Medicare or another form of health insurance, Platinum Insurance is being proactive and helping many seniors adjust their plans.

Most experts agree that this is an oversight that could have financially devastating consequences if gone unfixed. When looking at benefits of any life insurance policy, many people are only looking at benefits in the moment. The reality is that most health insurance plans do not cover long-term care expenses.

Insurance Company Warns Baby Boomers to Plan Ahead on Life Insurance
Source: PR Web

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