Hybrid long term care insurance, unlike traditional long term care insurance, includes a life insurance death benefit, which ensures that even if you need to use the long term care benefits, the policy will provide a significant payout to your[…]

It’s difficult to understate the importance of planning for long term care expenses later in life. According to the National Council on Aging, 80% of adults age 65+ have at least one chronic condition, and 68% have two or more chronic conditions.

When purchasing life insurance, you may hear an agent mention the term ‘living benefits’ or ‘accelerated death benefit.’ In short, these terms refer to money that, under certain circumstances, you are eligible to receive from the policy while still[…]