Innovations in Long Term Care Funding with Life Insurance
approved for 3 hrs. L&H credit
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This program will review the family dilemma faced by so many – the long-term care, and associated financial and emotional issues needed by a person when they encounter a serious medical issue.
The cost, advantages and potential problems concerning the three options for care (personal residence, Assisted Care Living facility or Skilled Nursing Facility) will be reviewed as well as recent innovations that have emerged in the last 5 years (or so) regarding Living Benefits Riders (or policy provisions) that allow certain insurance contracts to provided advances against the death benefit to fund for the Long-Term Care dilemma.