income taxes

Tax Information

Federal Tax Benefits of Long-term Care Insurance

FEDERAL TAX INFORMATION

Long -Term Care Insurance Premium Deductions for Individuals

Did You Know?

Do I need long term care insurance if I have VA benefits?

It is a good idea to consider a long term Care insurance (LTCi) policy to supplement VA long term care benefits...

What are the advantages of term life insurance?

Term life insurance will give you protection without additional investment or cash-value components. You will pay level premiums for the “term” of your policy. Your policy will be effective as...

What is long term care?

Long term care includes a variety of services that help people when they are no longer able to care for themselves, regardless of age. The care is provided over an extended period of time and...

What features should I look for in my long term care insurance policy?

The daily or monthly benefit that the policy would pay for long term care expenses vs the amount you would pay out-of-pocket. The elimination period (or deductible...

My employer provides group disability insurance. Do I need additional individual disability insurance?

Group insurance plans through an employer can provide needed coverage. An individual needs to know if the plan covers illness and injury, for how much and for what period of time. Some group...

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Baygroup Insurance

Maryland's premier Long-Term Care insurance agency

income taxes

Tax Information

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income taxes

Tax Information