INSURANCE WITH INTRINSIC VALUE
THE BACKBONE OF YOUR PLAN IS ASSET-BASED LONG-TERM CARE INSURANCE
Asset-Based Long Term Care Insurance is not a use it or lose it proposition like traditional long-term care insurance because policy holders retain built-in cash value and death benefits through either a whole life insurance policy or deferred fixed annuity.
In the event that long term care benefits are never used, or only partially used, the accrued and remaining cash value or death benefits are paid to heirs. It doesn’t have to be a use it or lose it proposition. You can insure your retirement from having to be liquidated to pay for care, and if you don't need care, you can get your money back. How great is that!
