Contact our office today to find out if you could benefit from a life/LTC combo.

An added benefit to life insurance

In a life insurance policy with LTC coverage, accelerated benefits are available when long term care is needed. A portion of the death benefit is paid to cover long term care costs, and the death benefit is reduced accordingly. There is a ceiling to the total amount that can be withdrawn to pay for LTC. The key benefit to this type of policy is that if you go into a nursing home, you collect and if you don't need that care, there's still cash for your heirs.

These products are very complex and should be considered from every angle possible.