Has a someone ever asked you, “what’s the best option?” as it relates to LTC planning solutions?
Often times, the answer is “it depends”. As we’ve seen insurance products and solutions evolve, there are now more ways to solve the long-term care problem or manage the risk. Each person might have different needs, motivations, or budget that will dictate a product recommendation. Before you implement a strategy, it’s important to take the time to analyze the options that are available in the marketplace. Check out this table to help understand the various LTC planning options: