3 options may be considered when buying Long Term Care Insurance.
1. A stand-alone Long Term Care (LTC) insurance policy, or;
2. A fixed Annuity with Long Term Care (LTC) benefits, or;
3. A life insurance policy with a Long Term Care rider.
Each has its pros and cons. An experienced Long Term Care insurance specialist should be able to advise you on which option is suitable for your specific situation. Remember, not all Insurance agents are certified to sell Long Term Care insurance.