The conventional way to conceive of life insurance is as a financial failsafe protecting loved ones in the event of untimely death. In this model, life insurance is a contingent asset—a hedge against a major risk—and its principle purpose is income replacement. If your family depends on your earning capacity and tragedy strikes, you want […] Read more
Long Term Care Rider
In a nutshell, Asset Based Long Term Care Insurance is an innovative insurance strategy that provides coverage for long-term care expenses without running the risk of “wasting” premiums if you don’t need long-term care. It’s “asset-based” because you’re leveraging the value of an existing asset – generally a cash value insurance policy or annuity – as […] Read more
In the following article we will break down the differences between a Long Term Care Rider vs Chronic Illness Rider. The differences are subtle, yet important to understand so you can formulate the right plan for you from among the best long-term care insurance companies. We will also address the common objections we get regarding […] Read more
