Long-term care polices vs. riders

By Steve Savant

Ash Brokerage Corporation

The civil war inside the insurance industry continues as mortality carriers add long-term care riders to life insurance and annuity policies. Some riders are actually embedded into the policy at no cost. On the other hand, many financial planners use stand-alone long-term care policies because the definitions of care and the focus of the policy delivers more value as the main event rather than a sidebar rider. Steve and Stephen walk you through the debate and rank the remaining long-term care carriers who use riders on their mortality product line.