Hybrid Long-Term Care Insurance
Hybrid LTC is a life insurance or annuity policy with a long-term care benefit rider attached, allowing the policy to pay out for qualifying care costs, or as a death benefit if care is never needed.
Unlike traditional long-term care insurance, if you never need care, the money isn't lost — it still pays out as a death benefit to your family.
What care actually costs, and traditional vs. hybrid coverage compared.