Intelligence

Safeguard Wealth With Hybrid Life Insurance

Hybrid life insurance offers a dual benefit–life insurance coverage and long-term care coverage. This story would discuss how this kind of coverage could fit in your retirement plan and what to consider when buying a policy. 1. What benefits do hybrid policies offer over standalone life or long-term care insurance? 2. How valuable can the life insurance component of a hybrid policy be from an investment perspective? 3. In what scenarios would an investor be better served by a hybrid policy, versus just buying life insurance or long-term care insurance separately? Specifically, is there an
ideal investor that hybrid policies are designed for? 4. How do hybrid policies compare to traditional life insurance or long-term care insurance in terms of cost? How can an investor gauge which one offers the better return on investment? 5. What risks or other downsides would an investor need to watch out for if they are considering a hybrid policy? For instance, what if you never use the long-term care component?