“5 Reasons Affluent Clients Might Need Long-Term Care Insurance”

5 Reasons Affluent Clients Might Need Long-Term Care Insurance,” by Margie Barrie, ThinkAdvisor


“Here’s a common question from financial planners: Should they be recommending long-term care insurance to high-net-worth clients, or should their clients self-fund long-term care risk?

The decision to consider long-term care protection is often based on the value of the client’s assets. However, there are other risk factors that need to be considered, because those factors will affect the client’s portfolio and may have tax implications. In many situations, long-term care protection may provide a solution for portfolio risk management and legacy planning issues in the most cost-effective and efficient manner currently available.”


LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

These are five of the best, but least recognized, reasons to own LTCI protection.