Samuel Grant Insurance

Most long-term care expenses are not covered by Social Security or Medicare, Medicare Supplement ("Medigap"), or private health insurance. Medicaid pays for nearly half of all nursing home care, but you must meet federal poverty guidelines and may have to "spend down" most of your assets on health care.

“Keep your face always toward the sunshine, and shadows will fall behind you.” – Walt Whitman

Burial insurance: A general term usually referring to a small policy of life insurance ($5,000 to $25,000) intended only to meet the final expense needs of the insured.

Life Insurance fast fact: Beneficiaries typically owe no taxes on Life Insurance death benefits. Death benefits do not count as income; many people are unaware of that.