What is long-term care insurance?
The Bankrate.com financial term of the day is: "Long-term care insurance."
Long-term care insurance might be considered similar to flood insurance, or earthquake insurance -- one of those policies you buy and hope you never have to use. But if you find yourself needing it, you're going to be glad you have it. Long-term care insurance covers your treatment in a nursing home or extended care facility -- which could be very expensive and is typically not covered by traditional health insurance or Medicare. The insurance isn't cheap either, costing thousands of dollars per year.
Concerned about how you'd afford it if you became the worst kind of sick? You'd want to buy long-term care insurance.
To get a quote on long-term care insurance, visit the insurance section at Bankrate.com.
How did consumers respond when asked about job security, savings, net worth, and debt?
Comparison shopping will help you know deals from duds at a dollar store.
Looking to save money? Here are eight easy ways to save $5,000 in one year.
Just because you have a coupon doesn't mean you should shop. Know when to buy.
Trim the fat around your grocery budget with these money-saving tips.
Mortgage rates jumped this week.
New car loan rates fell 1 basis point each.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.
While gas prices have dropped dramatically, the sales of diesel cars has continued to grow, rising 13.5 percent in 2014 over 2013, according to the latest data compiled by IHS Automotive for the Diesel Technology Forum.
... Read more