In this class, we will explore various approaches to long-term care planning, with a specific emphasis on a new concept called long-term care rides. Traditionally, long-term care insurance has operated on a “use it or lose it” basis, where if you don’t end up needing long-term care, your insurance premiums are essentially lost. However, the idea of long-term care riders introduces a fresh perspective. It involves incorporating long-term care coverage as an additional benefit to your life insurance policy. This means that even if you don’t require long-term care, the coverage can still be utilized as a part of your life insurance policy, ensuring that your premiums are not wasted. By delving into the concept of long-term care riders, we will explore how this approach can provide a more comprehensive and flexible solution for your long-term care needs. You will gain a deeper understanding of how this innovative concept can offer greater financial security and peace of mind, eliminating the “use it or lose it” aspect commonly associated with traditional long-term care insurance. Join this class to discover the potential benefits of long-term care rides and how they can enhance your overall long-term care planning strategy. Say goodbye to the fear of losing your insurance premiums and embrace a more flexible and comprehensive approach to long-term care coverage.
Ages 21+
6:00-7:00pm
HS 121
$12.00
Instructor: Cody Williams