Long-Term Care Insurance Now
Welcome to Long-Term Care Insurance Now. Your trusted source for the latest insights, updates, and expert guidance on long-term care insurance. This show aims to break down everything you need to know to make informed decisions about protecting your future.
Hosted by Scott A. Olson, CLTC, a nationally recognized expert with over 25 years of experience in the field. His work has been featured in the New York Times, among other national and trade publications. Scott has helped thousands of individuals and families navigate the complex world of long-term care planning.
Episodes
122 episodes
Seven K.E.Y. Question Case Study: Gene (Part 1)
In this episode, Scott A. Olson breaks down a real-world case study of "Gene," a 54-year-old who set out to protect his savings from future long-term care costs but was sold an Indexed Universal Life (IUL) policy. Using his "Seven K.E.Y. Questi...
Seven K.E.Y. Questions Case Study: Tony and Natalie
In this episode, long-term care insurance expert Scott A. Olson uses a real-world case study to reveal how a pitch for life insurance with a chronic illness rider falls short as a long-term care strategy. By putting the proposal through his Sev...
Seven K.E.Y. Questions Case Study: Charles and Ida
In this episode, long-term care specialist Scott A. Olson shares a real-world case study about a couple who bought a hybrid life insurance policy, only to realize it still left them vulnerable to long-term care costs. By subjecting their policy...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 3)
In this final episode of our miniseries, we reveal the last two crucial questions you must ask before purchasing long-term care insurance. Scott exposes dangerous premium traps and contrasts the real costs of different inflation protection ride...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 2)
In this episode, Scott A. Olson breaks down the three critical questions you must ask about any long-term care policy, including how to verify your monthly maximum benefits and safeguard your total pool of money against compounding inflation. S...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 1)
Are you confused by the jargon and sales pitches surrounding long-term care insurance? Join expert Scott A. Olson as he breaks down the first two of seven critical questions you must ask before purchasing a policy to ensure you aren't being ste...
The Hidden Trap in the New York Long Term Care Trust Act
In this episode, long-term care expert Scott A. Olson breaks down the proposed New York Long-Term Care Trust Act and the potential impact it could have on your paycheck. Modeled after a similar program in Washington State, this legislation woul...
Episode 100 Celebration: Scott Answers Your Questions (Part 3)
Welcome to the 100th episode celebration of LTCi Now! In this special episode, Scott A. Olson wraps this series up by pulling back the curtain on long-term care planning and content creation. He also reveals the surprising lack of education amo...
Episode 100 Celebration: Scott Answers Your Questions (Part 2)
Welcome to the 100th episode celebration of LTCi Now! In this special Q&A series, Scott A. Olson dives into the common questions you ask about long-term care insurance and this show. In this episode, he dives into his personal journey speci...
Episode 100 Celebration: Scott Answers Your Questions (Part 1)
Welcome to the 100th episode celebration of LTCi Now! In this special Q&A series, Scott A. Olson dives into the common questions you ask about long-term care insurance and this show. He shares the story behind the founding of LTCShop.com, t...
Chronic Illness Traps! Inflation: The Silent Killer of Your Retirement (4 of4)
In this episode, long-term care expert Scott A. Olson highlights how inflation acts as a silent killer for retirement plans. This is particularly true when choosing how to fund your long-term care. He shares a real-world example of a client who...
Chronic Illness Rider Traps! Don't Buy A Policy with an Unknown Benefit Amount (3 of 4)
Long-term care expert Scott A. Olson exposes another hidden trap of using universal life insurance with chronic illness riders to fund your future care. Sharing a personal story of a policy he bought and quickly canceled, Scott reveals how the ...
Chronic Illness Rider Traps! The Hidden Flaws Your Financial Advisor Doesn't Understand (2 of 4)
Don't let an "A-to-Z" generalist financial advisor sell you a policy that gambles with your retirement safety net. In this episode, Scott A. Olson breaks down why a chronic illness rider is, at best, a mediocre substitute for true long-term car...
Chronic Illness Rider Traps! The Risks of Using Life Insurance for Long-Term Care (1 of 4)
Scott A. Olson, co-founder of LTCShop.com and author of "Long-Term Care Insurance NOW!", pulls back the curtain on why using an indexed universal life policy and a chronic illness rider is often a massive retirement trap. He exposes how these n...
"I’m 55, married and want a $1.5 million long-term care policy."
In this episode, Scott A. Olson breaks down a recent MarketWatch article to clear up common misconceptions about long-term care insurance. He highlights how the author completely overlooked the power of a shared benefit rider, which allows a ma...
The Psychology of LTC Planning
In this episode, long-term care insurance expert Scott A. Olson argues that asking clients if they would struggle emotionally with spending their assets on care is unhelpful. Most people don't know how they or their family would react when a cr...
Debunking LTCi Planning Myths - Part 2
Long-term care insurance (LTCi) expert Scott A. Olson analyzes a financial planner's chart to help individuals determine if they should purchase LTCi coverage. He aligns with the planner's view that both aggressive and conservative investors ca...
Debunking LTCi Planning Myths - Part 1
Long-term care insurance (LTCi) expert Scott A. Olson analyzes a financial planner's chart to help individuals determine if they should purchase LTCi coverage. He reviews three specific suppositions from the chart: affordability, spousal age ga...
Three Questions to Ask Before You Buy LTCi
In this episode, long-term care insurance expert Scott A. Olson explains that the decision to buy long-term care insurance is simpler than it may seem. He outlines three key questions people should ask themselves: whether they have assets worth...
Elimination Period FAQs
In this episode, Scott A. Olson answers common questions about how elimination periods work, including whether care days can accumulate over time and whether family-provided care counts toward satisfying the waiting period. The episode conclude...
How Many Types of Elimination Periods Are There?
In this episode, Scott A. Olson explains the different types of elimination periods used in long-term care insurance policies. He breaks them down to show how different policies count days toward satisfying the elimination period and why unders...
Understanding Elimination Periods
In this episode, Scott A. Olson explains one of the most misunderstood features of long-term care insurance: the elimination period. He breaks down what an elimination period really is and why insurance companies use the term. Scott illustrates...
Can You Get LTC Insurance with Migraines, HIV/AIDS, or Alzheimer’s?
In this episode, long-term care insurance expert Scott A. Olsonexplains how different health conditions can affect eligibility for the five major types of long-term care coverage available today. He walks through conditions such as severe m...
Can You Get LTC Insurance with Cancer, Diabetes, or Bipolar Disorder?
In this episode, Scott A. Olson explains the five different types of long-term care policies available today and how various health conditions can impact eligibility for coverage. He shares that underwriting guidelines vary significantly by pro...
Are Hybrids Easier to Qualify for than Traditional Policies?
In this episode, Scott A. Olson explains whether qualifying for a hybrid (life insurance with an LTC rider) or a traditional standalone policy depends heavily on an individual's specific health conditions. He shares two real client cases in whi...