For nearly 30 years, the concept of asset-based LTC (aka linked benefit or hybrid LTC/life insurance) has existed.
As a matter of fact, Asset-Care is the “grand daddy of them all”. Only one other carrier has that same legacy and commitment to the segment of the LTC market.
Typically, most people think of asset-based products as a single premium and/or 1035 exchange solution. Asset-Care offers far more funding options than that.
A few of the other unique features that can be found in Asset-Care are:
- lifetime LTC benefits
- individual or joint policies
- recurring premium strategies (10 or 20 years, “to age 100”)
- underwriting to table 8
- guaranteed, stable, and predictable premiums and benefits