Detail Videos of LTC
Every long-term care policy works differently — and understanding the details helps you make a confident choice. In these short videos, you’ll see how traditional, hybrid, life insurance with LTC riders, and annuity-based options compare, including what happens when you live, quit, or pass away
Life and LTC
For many people, life insurance with a Long-Term Care Rider offers a simple and efficient way to plan for both life and care needs within one policy. It’s designed to use an existing life insurance contract as a foundation — and add long-term care protection by allowing you to access the death benefit early if care is needed. In this video, Todd Russell, CFP®, explains how these dual-purpose policies work and when they might be the right fit. You’ll learn: How LTC riders accelerate the death benefit to pay for long-term care expenses How these plans may provide income tax-free benefits while you’re living, and a remaining death benefit if care isn’t needed When this approach makes sense — for example, if you already own a life policy or want coverage that will always provide a benefit Key differences between linked-benefit (hybrid) policies and LTC riders attached to permanent life insurance Life insurance with an LTC rider offers flexibility and efficiency — one policy serving two important goals: protecting your loved ones through a death benefit and protecting yourself through long-term care coverage.
Hybrid LTC Plans
Hybrid long-term care insurance combines the best of two worlds — life insurance and long-term care coverage — into a single, guaranteed policy. It’s a modern solution for people who want to plan responsibly for care but don’t want to risk paying premiums for something they may never use. In this video, Todd Russell, CFP®, explains how hybrid LTC plans work and why they’ve become one of the most popular options available today. You’ll learn: How hybrid plans provide guaranteed premiums, with no future rate increases How you can access tax-free long-term care benefits during your lifetime What happens if care is never needed — often a return of premium or death benefit goes to your beneficiaries Why these policies are ideal for those who value cost certainty and benefit flexibility A hybrid plan transfers the risk of long-term care costs while keeping your money productive — giving you the leverage of insurance and the reassurance of guaranteed outcomes.
Annuity with LTC
An annuity with a long-term care rider offers a creative way to fund future care needs by repositioning existing assets into a plan that provides tax-advantaged growth and long-term care benefits if needed. It’s especially attractive for those who may not qualify for traditional LTC insurance due to age or health. In this video, Todd Russell, CFP®, explains how these plans work and who they’re best suited for. You’ll learn: How an LTC annuity can multiply your deposit, often providing two to three times your initial value in long-term care benefits How simplified underwriting makes qualifying easier for many applicants Why this strategy is ideal for nonqualified funds, such as existing annuities or cash reserves How LTC benefits are paid tax-free under federal law, while growth inside the annuity remains tax-deferred An annuity with an LTC rider turns conservative money into a powerful leverage tool — protecting against the cost of care while preserving liquidity and control.
Traditional LTC
Traditional long-term care insurance remains the original and most direct way to transfer the financial risk of needing care. It’s designed purely to pay for custodial care — when you need help with activities of daily living or supervision due to cognitive impairment. In this video, Todd Russell, CFP®, explains how traditional LTC insurance works and why it continues to be an effective, efficient option for families. You’ll learn: How traditional LTC provides benefit leverage for the premium dollar How policyholders can customize benefits — including monthly benefit amount, benefit duration, and inflation protection Why premiums are generally lower at first, but not guaranteed and may increase over time The kinds of care settings the policy covers — home care, assisted living, nursing facilities, and more Traditional LTC insurance is straightforward: if you qualify for benefits, it pays someone to care for you. It’s about protection, not investment — a plan designed to safeguard income, assets, and family stability when long-term care is needed most.