Senior Man

LONG TERM CARE PLANS

Planning for a major health event is a critical step for anyone over 50.  We're here to make that process simple and affordable.

 

WHAT ARE MY OPTIONS?

SELF-FUNDING (PAYING FOR COSTS OUT-OF-POCKET)

- You can use your money for any purpose.
- Future inflation could potentially reduce your buying power.
- Spending down your assets to pay for care could impact your retirement lifestyle and your legacy.

HYBRID LIFE INSURANCE/
LONG-TERM CARE COMBINATION PRODUCTS

- You’ll have coverage for qualified long-term care expenses offering inflation protection options and extension of long-term care benefits.2
- This choice gives you flexibility to repurpose benefits or get a return of premium if you never need care.
- Underwriting may be streamlined to make getting coverage faster and easier.

TRADITIONAL LONG-TERM CARE INSURANCE

- You’ll have coverage for long-term care expenses.
- Full underwriting is required.
- Your premiums are not guaranteed, so you may have a low initial annual cost that ultimately may become more expensive.

LIFETIME ANNUITIES WITH LONG-TERM CARE RIDERS

- You can secure guaranteed lifetime income.
- These accelerate your income access to pay for some long-term care expenses.
- The accelerated benefits will reduce your income options until the benefit is exhausted.

LIFE INSURANCE WITH ACCELERATED BENEFITS RIDERS

- You'll have legacy protection through a death benefit.
- The riders accelerate the death benefit to cover qualified long-term care expenses, but this acceleration will reduce your legacy.
- Long-term care benefits are either indemnity or reimbursement.

 
Booking a Meeting

TAKE THE NEXT STEP

Planning for long term care is a wise decision.  We invite you to learn even more and start to build your plan. with us.