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Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

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 ...

Long-term care insurance is a product designed to help you plan for the financial burden associated with a potential need for long-term care later in life. And that burden isn't just a costly one, ...

Over half of seniors will need help with eating, getting dressed or other basic activities at some point, according to the U.S. Department of Health and Human Services, and the cost of help continues ...