Sales of insurance policies that combine long-term-care with other forms of insurance are booming. Such “combined” policies pair long-term-care coverage with either life insurance or an annuity. In the event the policyholder needs long-term care, the insurer typically pays funds tax-free from the linked annuity or in the case of a policy packaged with a life-insurance contract prepays some or all of the death benefit. READ MORE: Combined Insurance Policies Grow