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Is a hybrid long-term care insurance advisable?

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The prospect of debilitating illness late in life is not a pleasant one, but it's wise to protect yourself and your family from the financial hardships that could result from it. A common way to prepare yourself is by purchasing some form of long-term care insurance. read more

Planning for the physical, emotional and financial burdens Long Term Health Care is an important part of retirement planning. Planning needs to be done when you are younger and healthy as you will have many more affordable options. read more

Long-term care insurance works like this: You pay an annual premium, and if you need long-term care due to age or illness, the policy pays out a daily or monthly benefit. Some people look askance at these policies because, if they die without needing long-term care, they feel they’ve “wasted” the premiums. read more

Attempts to combat concerns about traditional long-term care insurance have resulted in combination or hybrid products using an asset-based approach to fund long-term care. read more

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