Our hybrid clients:
- Like a guarantee of lifetime premium stability.
- Are considering self-insuring but think it prudent to have some insurance in place.
- Have $100-150K in easy-access, rainy-day funds like money market or CD.
- Like the idea that they will use this insurance one way or another, either as a death benefit (life insurance) or for long-term care.
- Like that all LTC benefits are tax-free.
- Like that a hybrid LTC company will sometimes consider health histories a traditional carrier will not.
Other advantages of hybrid LTC insurance:
- Though monies are re-allocated, the plan remains an asset under your control.
- Lifetime, long-term care benefit options.
- Single premium & multi-pay premium options.
- Option to withdraw cash from your policy at any time.