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“Fun With Annuities” The Annuity Man Podcast

Jan 31, 2020

In this episode, The Annuity Man discusses: 

  • Why Long Term Care coverage is a concern for many people
  • The two different types of enhanced benefit type coverage
  • How each of these annuity strategies work
  • The limitation and benefits of both  


Key Takeaways: 

  • The best coverage for Long Term Care is still traditional LTC 
  • “When you get sicker you get your money back quicker” with annuity coverage
  • When you qualify for coverage, you typically live an average of 3 years and a maximum of 7 years
  • Fewer than 20 carriers currently offer these transfer of risk strategy types


"In a perfect world, confinement care riders and enhanced benefit payout riders should only be used as secondary coverage, not primary coverage." —  The Annuity Man 


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