Planning with Purpose Series: Session 4 - Long Term Care

What We'll Cover in Session 4

• Planning for the Care You Want - Explore the different care options available, consider who you would want to provide your care, and determine what support may be available locally.
• Funding Your Care Plan - Understand how care expenses may be funded, including personal lifestyle, income, and insurance, and how each approach can play a role in your overall plan.
• Insuring Your Care Plan - Learn about the different ways to help insure against the cost of long-term care, including traditional long-term care insurance, life insurance with a long-term care rider, and linked-benefit long-term care policies.
• Choosing a Long-Term Care Solution - Identify key factors to consider when evaluating a long-term care solution, including what is covered, benefit structure, affordability, and the potential for premiums to change over time.
• How Benefits Are Paid - Explore the differences between reimbursement and indemnity benefits, and how each approach may provide financial support when care is needed.