There has been much debate in the industry comparing Hybrid Life Insurance policies to Stand-Alone LTC policies.
Which is best for your client?
To help you decide, take a look at the case below for one of our advisor’s clients, then click here to request information on the Ultimate Hybrid Portfolio
68-year-old female at Standard Risk.
Goal: Provide her with a $250,000 death benefit + LTC Benefits..
– Premium Stability
– Benefit Choices: Indemnity
– Underwriting: based on Mortality
– Premium Instability
– Benefits: Reimbursement
– Underwriting: Challenging
The Hybrid Life Insurance policy wins this case.
By outlaying a guaranteed premium of $6,493/yr, the client receives a death benefit of $250,000, as well as an indemnity benefit of $10,000/month for her Long Term Care needs.
The LTC policy , however, costs the client between $8,251 and $19,458 per year, and only produces $5,000/month for LTC benefits for four years.
To request information on the Ultimate Hybrid Portfolio, click here.
There will be absolutely no premium increases with the life insurance policy described above.
I appreciate your business and look forward to helping you with your next case!