(Complete Show Notes Below)
In the 39th episode of the Financial Procast:
For a while, we've had people asking us our opinions on long term care insurance (LTCi), so we decided to dedicate an entire episode to the topic. In the episode, you'll hear both sides of the LTCi argument. One of us thinks it's probably not a bad idea and the other is somewhat more skeptical.
We also discuss some of the hybrid products that have “tag along” LTCi benefits (life insurance and annuity based products).
And at what age should someone consider purchasing an LTCi policy? You'll have to listen to find out what we think about this.
Brantley is a practicing life insurance agent and has been for nearly 18 years. After years of trying to sell like his sales managers wanted him to, he discovered that people want to buy life insurance if you actually explain the benefits.
IPB 107: When Interest Rates Go Up, Bonds Go Down. What Does It Mean for my Life Insurance?
IPB 104: You Can Just Buy Bonds: One of the Reasons Not to Buy Whole Life Insurance
NIRS: Rising Cost of Long Term Care Biggest Obstacle in Preparing for Retirement
188 We Are Tootally Done