The Benefits of Hybrid Policies for Long-Term Care Estate Planning
Nursing home care costs can be outrageous should you become critically ill or injured. You might know from reading my blog articles or from reading my eBook UNDERSTANDING LONG-TERM CARE MEDI-CAL that Medicare would cover only a minimal amount of those costs. Moreover, Medi-Cal may only be part of the solution for you. Private insurance doesn’t seem like a good bet either if you’ve heard horror stories about skyrocketing premium costs and difficulties in even obtaining long-term care (LTC) insurance in the first place. There may be a better way. “Hybrid” policies essentially combine life insurance or an annuity with ... Read More
