The LTC insurance market has responded to consumers who wish to purchase a policy, but have limited resources to pay premiums. Short Term Care plans are gaining in popularity due to a lower cost and much easier underwriting requirements. Hybrid plans – a life insurance plan with LTC benefits offers benefit dollars if LTC services are needed along with a death benefit if there is no need for extended care.

Options abound.

Here’s a link to a straightforward article from Consumer Reports, “Long-Term-Care Insurance Gets a Makeover” that explains these new, more affordable policies.