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Why Hybrid Long-Term Care Insurance is Best for You

The cost of long-term care is very substantial and are projected to increase, and you’re more than likely going to need it as well as help paying for it. In order to know if hybrid long-term care insurance is the best option for you, you need to understand the differences between traditional policies and hybrid linked benefit policies. …

6 questions to ask before buying a hybrid life/LTC insurance

Are you thinking of buying a hybrid life insurance? Well, more people are opting to purchase hybrid life-LTC insurance since traditional LTC insurance comes with a lose-all risk.  Hybrid insurance is a combination of life insurance & LTC policy, which means you get a death benefit in the case you don’t need care. Hybrid policies …

How women can cut down the costs of long term care

Multiple studies suggest that women often pay more for similar products and services, including the likes of personal care products, and dry cleaning services. This ‘woman’s tax’ situation is also evident when spouses try to purchase LTC insurance. In some situations where a couple is buying LTC, we have seen the wife’s premiums near triple …

Hybrid Long Term Care Insurance is Gaining Steam

Hybrid LTC

Consumers who’ll only look at traditional LTC insurance from a distance have a new, more practical option that combines life and long-term care benefits. Although available in many different types, hybrid plans generally attach an LTC rider to a universal or whole life insurance policy. Policyholders are required to pay a single, lump sum upfront …