Not everyone should buy long-term care insurance. Wait, what, not everyone? That’s right, not everyone should buy it. Reasons to buy long-term care insurance First, there are many reasons to buy long-term care insurance.

Hybrid/asset based/linked benefit long-term care insurance These three names are often used interchangeably for the same type of long-term care insurance and can confuse people! So what does it mean? With this type of insurance, you are linking one benefit…

Traditional long term care (LTC) insurance policies are built as stand alone, pure risk based insurance. These policies pay benefits when you are in a qualifying long-term care situation and you need help with Activities of Daily Living (ADLs) or…

  Long-term care costs rise each year and inevitably will continue to, so it’s important to understand how you can leverage your insurance and use the power of inflation protection. How does inflation protection work?

You may be able to self-fund your care costs, but why would you when you can transfer the risk to the insurance company? Here are 6 main reasons why long-term care insurance is valuable:

Planning for long term care is crucial. There’s not a “one size fits all” solution for each person or family, but a plan should be put in place ahead of time in order to protect your family, income, and assets.…

Long-term care insurance (LTCI) is more than a tax-free stream of income to help pay for care costs. You also get access to professionals – case managers, care coordinators, and claims specialists. Some insurance companies even have a concierge service…