Long-term care insurance, or LTC, helps pay for the cost of home health care or a nursing home. It also covers extended illness or disability. While LTC coverage can be great for retirees, premiums have begun to rise in recent years, making it a difficult expense for those on a limited income.
Would You Prefer a Long-Term Care Facility or In-Home Care?
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Should You Choose Traditional Long-Term Care Insurance or a Hybrid Plan?
Disclaimer
Defined Financial Planning LLC (“DFP”) is a registered investment adviser offering advisory services in the state(s) of California, Nevada and in other jurisdictions where exempted. Life insurance policies are contracts between your client and an insurance company. Life insurance product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Living benefits and LTC riders are not available on all index universal life products and may not be available in all states. Addition of an accelerated death benefit or LTC rider may require an additional fee. Accelerated death benefits and LTC riders are subject to eligibility requirements. A PR firm was paid to assist with media placement.
Disclaimer
California Insurance License #0L77279 and #4042728.
Disclaimer
Certified Financial Planner Board of Standards Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
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The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.
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