Many insurance companies are facing some regulatory barriers to the development and sale of some long-term care insurance. But the way regulation does not face a major obstacle to insurance growth. Long-term care is usually covered by the insurance departments of the State in accordance with the provisions of other types of insurance such as Medicare covered additional medical, disability insurance and homosexuals. (more…)

How soon you receive benefit payments varies widely with the kind of insurance, the kind of loss, and the laws of the state where you live. For example, insurance companies usually wait at least 30 days before paying out for a stolen car in the hopes that the car will turn up. Life insurance claims can only be paid after the company receives an official death certificate. (more…)