Lincoln MoneyGuard III Hybrid Long Term Care Insurance

Lincoln Financial launched the next generation of their Hybrid Long Term Care Insurance product called Lincoln MoneyGuard III on 11/01/2019 in most 47 states with the last three States to launch on 11/15/2019. Lincoln MoneyGuard III Hybrid Long Term Care Insurance product will pay a monthly benefit for home health care, assisted living facility, adult …

The Two Main Benefits To a Hybrid Plan

By now you may have heard of a new alternative to your traditional long-term care insurance plan known as a Hybrid policy. A Hybrid policy offers two main benefits to you. Long-term care benefits: In the case that you actually do require long-term care, you may utilize your policy’s death benefit to help cover both medical …

How do I Choose the Right Plan?

LTC shopping checklist

Choosing the best type of long term insurance plan for you can be a tall task. It is recommend you conduct thorough research and obtain quotes for several different types of policies. Familiarize yourself with the costs, benefits, and disadvantages of each. In order to make the most informed decision you’ll want to see real …

Hybrid Policies Gaining Popularity

Long-term-care insurance has become increasingly popular as more and more individuals wish to plan for their extended lives. Another type of insurance which is growing in popularity seems to be Hybrid policies as they are also being used as an estate-planning-tool. In fact, recent studies found that Americans today are most interested in hybrid policies. …

What Happens If I Never Actually Need Care?

Hybrid Long Term Care Insurance policies offer the best of both worlds as they combine traditional Long Term Care Insurance with Whole Life insurance. In the case that you require care, the policy works just as a traditional plan would, paying for your choice of either home or facility care. The difference comes into play in instances …

Hybrid Policies in Long Term Care

With the ever rising cost of Long Term Care many insurance companies are raising their premiums on their policies. With well over 20% of seniors that are 65 and older they will need at least two years of some type of long term care. These “hybrid” policies are a great option for people who will …

Hybrid Long Term Care

More and more people in their 50’s are purchasing Hybrid Long Term Care Insurance. Last year over 250,000 policies were sold in the United States. Hybrid Long Term Care is becoming more popular and is promising customers that if the policyholders do not end up needing long term care that their beneficiary will get a …

Best Hybrid Long Term Care in 2019

Americans approaching the age of retirement have increased options for long term care health coverage.  As traditional LTC insurance becomes more costly and underwriting gets more arduous, Hybrid LTC products are turning out to be a favorite option for most people. These policies work by bundling together a life insurance policy or annuity coverage with …