Does Long Term Care Insurance Have Cash Value?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    No, Long Term Care Insurance does not have cash value. Long Term Care benefits are paid directly to the person requiring the care at the time that care is needed, or the benefits are paid to the institution offering the long term care services. The only way cash can be received is with a return of premium feature.
    Answered on June 22, 2013
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