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
Long Term Care Services are EXPENSIVE!
MEDICARE DOES NOT PAY FOR LONG TERM CARE.
And someone has to pay for it. How will you pay for care?
And someone has to pay for it. How will you pay for care?
