Traditional Vs Hybrid Long-Term Care. Which Is Right For Me?

Traditional Vs Hybrid Long-Term Care: Choosing between traditional and hybrid long-term care insurance can be challenging. In this video, Casey Weade and Marshal Johnson delve into the critical aspects you need to consider when making this decision. Traditional long-term care is becoming less common, but it ensures comprehensive coverage for every dollar spent. They explore four key factors to help you make an informed choice.

Understanding the financial implications of both options is crucial, as well as comparing the coverage and services offered. Additionally, evaluating if there is a payout to beneficiaries in case of death and determining if you can receive a portion of your investment back if you decide to cancel the policy are essential considerations. Is opting for hybrid long-term care a luxury we can afford, or will it pinch us financially in the future? Join Casey and Marshal as they unpack these considerations to guide you towards the best decision for your long-term care needs.

DISCLOSURE: Investment Advisory Services may be offered through Howard Bailey Securities, LLC, a registered investment adviser. Working with Howard Bailey Securities, LLC, cannot guarantee investment success or that specific financial goals will be achieved. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. This material represents an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied.