Don't Buy Long Term Care Insurance Until You Watch This!

AccuQuote Life Insurance · 8,920 views
Watch Don't Buy Long Term Care Insurance Until You Watch This! video. The Don't Buy Long Term Care Insurance Until You Watch This! video uploader AccuQuote Life Insurance says about, Hang out with Byron as he explains what a benefit rider is and how it might better be better than long term care coverage...stick around, he really knows his stuff!

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Did you know that there’s a 70% chance you’ll need long term care after you reach the age of 65 (and a 91% that you or your spouse will need it if you’re married)? The cost of that care is incredibly high – and it gets more expensive every year. Some life insurance companies have begun to offer a creative solution called the Benefit Access Rider that is designed to help people cover the cost of long term care. It offers a few key advantages over LTC insurance policies including:

- Complete freedom in how benefits can be used

- There is no elimination period – as soon as you need the care, you can get access to the benefit

- Because it’s a rider on a life insurance policy, there are no wasted premiums. If you die without needing long term care, you’ll receive 100% of the death benefit. (Long term care insurance policies do not include a death benefit)

- Premiums remain levelsgLt9leyekQ