Should My Mother Let Her Life Insurance Policy Lapse?

Q. My mother, Sandra, is considering letting her life insurance policy lapse. She claims that she is low on funds and that it is difficult to make the monthly payments. She is also concerned about Medicaid eligibility. Do you have … [Read more...]

Critter Corner: Can Health Insurance Companies or Life Insurance Companies Charge the Unvaccinated Higher Premiums?

Dear Angel, I was listening to NPR recently. They mentioned that the current COVID-19 wave in the U.S. is mostly affecting unvaccinated Americans, who comprise more than 95% of current cases of hospitalization and death. I also … [Read more...]

Long-Term Care Insurance vs. Life Insurance with a Long-Term Care Rider

Q. My mother was in a nursing home for about two years prior to her death, and it cost the family most of her savings. I don't want the same to happen to me and my husband. Therefore, we are trying to make the decision of buying … [Read more...]

Critter Corner:  FAQs About Hybrid Insurance Policies

Dear Ribbit, I am considering a hybrid insurance policy, but I have several questions. If I send them to you, can you help me answer them to clarify some things to help me make a decision. Thanks very much! Hy … [Read more...]