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Secure Your Retirement - Radon Stancil, CFP® & Murs Tariq, CFP® EPISODE 40, 20th January 2021
Long Term Care
00:00:00 00:22:50

Long Term Care

If you’re thinking about long-term care, you may be considering your insurance options.

Your regular health insurance and Medicare won’t cover long-term care, so transferring financial risk to an insurance company can give you peace of mind. But what options are there, and which plan is right for you?

In this episode of the Secure Your Retirement podcast, we’re breaking down long-term care insurance policies and sharing the differences between them. We also cover how you can customize plans to suit your requirements and give you the need-to-knows about traditional and hybrid models.

In this episode find out:

  • What qualifies you for long-term care
  • How long-term care insurance works
  • The differences between traditional and hybrid insurance
  • Which traditional insurance factors you can customize
  • Why hybrid insurance is often preferred

Tweetable Quotes:

“Traditional long-term care insurance can be custom tailored to whatever you're looking for and how much risk you want to cover” ­– Murs Tariq

“A lot of people have favored the hybrid long-term care insurance model over the traditional” – Radon Stancil

Important Links & Mentions:

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

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