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Reply to "Long Term Case Insurance"
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[quote=OTAlexFA]Research a product called "MoneyGuard" by Lincoln. It's a unique strategy that is actually a life-insurance product but whose main purpose is LTC. Surrender is 100% after 5 years but provides an increasing amount of coverage via an inflation percentage. If you never use the LTC aspect, it provides a death benefit, too. It is expensive (min. $50K, max. 10 pays) but a pretty good investment if you have ever been through the situation before and feel the need to participate. Also, if you have cash on the sidelines in a retirement account, this is one way to put it to work.[/quote]
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