Preparing for life's possibilities
To fully enjoy your retirement possibilities, you recognize your money may need to last 20 years or longer. You may have even set aside some additional funds in a safe place, such as a bank or other low interest-bearing account, for unexpected expenses.
But in the decades to come, health challenges could put these assets and the retirement you envisioned at risk. Because the likelihood of needing care increases as you age, it’s important to learn about options that can help protect your future.
Insurance options for care protection
Depending on your needs, there are several different products that can help ensure you have options if you1 need care in retirement. It’s important to work with your financial professional to determine which option may be the best fit for you and your family.
Hybrid life/long-term care insurance
A hybrid life/long-term insurance policy includes built-in long-term care benefits. If you become chronically ill, your policy would provide a benefit to help cover your care expenses. Hybrid policies offer guaranteed premiums and additional benefits, including a return of premium option and a death benefit. Learn about our solutions.
Life insurance with an accelerated death benefit or chronic illness rider
A life insurance policy with an accelerated death benefit or chronic illness rider allows you to access your death benefit if you become chronically ill, helping to shield your assets and loved ones from the financial impact of a chronic illness.