This is a quandary for consumers. If they purchase long term care insurance and never use it, they’re out the premiums paid. That’s why many consumers are turning to another alternative; either purchasing annuities or life insurance with long term care riders, whereas, if you don’t use the benefits of long term care rider you don’t lose it. But in keep in mind the cost of the rider, if any, is still being deducted from the policy.
.JPG){kind=avatar}
If you are utilizing your long-term care coverage, there is a medical issue that is certainly impacting your quality of life.
As full-time brokers (not "part time) we can assist you by providing unbiased advice.