Traditional LTC Insurance or Linked-Benefits Insurance?
Suitability Guide For Financial Professionals
What is Traditional LTC Insurance?
Traditional LTC insurance is typically funded with annual premiums, though accelerated payment options are available from some companies.
What is Linked–Benefits Insurance?
Linked-benefits insurance combines long-term care coverage with life insurance. It is usually funded with a single premium. Linked-benefits policies always pay a benefit, even if LTC is never needed. |