Millions of Americans have purchased long-term care insurance, which can be used to offset the high costs of health care or assisted living due to health or aging needs. How do you know if it’s right for you, and if it is, when to stop paying the premium and start using the benefits?
This is what we cover in the episode of Navigating Life Transitions, a podcast by JNBA® Financial Advisors. JNBA Advisor Luke Traxler and Chris Steffl, Managing Partner at Versatile Insurance Services talk about aligning long-term care insurance with financial planning, misconceptions about this type of insurance, and other important considerations in the journey from signing a policy to using its benefits.
Hosted by Minnesota media veteran Kim Insley, “Navigating Life Transitions” is now in its second season and can be found on Apple Podcasts and Spotify. For those who prefer to watch podcast videos, you can also find this episode on YouTube. For more information, and access to all past episodes, visit jnbanavigatinglifetransitions.com.
Due to various factors, including changing market conditions and/or applicable laws, some of the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors. JNBA is not an insurance agent and no portion of the above should be construed as insurance advice. All insurance issues should be addressed with the insurance professional of your choosing. JNBA nor its employees sell insurance products.
Please see important disclosure information at jnba.com/disclosure
