Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Long-term care is ...

Did you know that you have a nearly 70% chance of needing some form of long-term care at some point in your remaining years when you turn 65? Unfortunately, that care can be costly. That's where ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Over half of seniors will need help with eating, getting dressed or other basic activities at some point, according to the U.S. Department of Health and Human Services, and the cost of help continues ...