Pros and Cons of Buying Hybrid Long-Term Care Insurance

by Scott A. Olson, CLTC

Pros and Cons of Buying Hybrid Long-Term Care Insurance Hybrids are the insurance industry’s latest attempt at solving one of the biggest concerns facing boomers: long-term care.  Due to fears about rate increases, sales of traditional long-term care insurance...

If you decide to buy a “hybrid” make sure it has these features

by Scott A. Olson, CLTC

If you decide to buy a “hybrid” make sure it has these features Excerpt from Scott’s newest book: “The Simple LTC Solution: How to Protect Your Life’s Savings with a Long-Term Care Partnership Program” Fully guaranteed benefits If you are considering buying a hybrid...

You May Not Want To Buy Long-Term Care Insurance From Your Investment Advisor

by Scott A. Olson, CLTC

Investment advisors are licensed to sell securities as well as insurance products. However, investment advisors can only offer insurance products that are approved by the investment firm they work for. There are thirteen different companies that sell traditional...

Five Reasons to Buy Long-Term Care Insurance Instead of a “Hybrid”

by Scott A. Olson, CLTC

Five Reasons to Buy Long-Term Care Insurance Instead of a “Hybrid” If you’re healthy enough to qualify for long-term care insurance, you’re better off buying a long-term care insurance policy rather than a hybrid for five reasons: More benefits for each dollar of...

Many “hybrids” have pitfalls that no one is talking about!

by Scott A. Olson, CLTC

Many “hybrids” have pitfalls that no one is talking about! Excerpt from Scott’s newest book: “The Simple LTC Solution: How to Protect Your Life’s Savings with a Long-Term Care Partnership Program” Hybrids are “OR” “OR” “OR”, not “AND” “AND” “AND” Hybrid...

The State of Washington’s Long-Term Care Trust Act is “as good as it gets”

by Scott A. Olson, CLTC

The State of Washington was recently considering legislation to help fund long-term care for some of the state’s residents. The program would be funded through a payroll tax of .49% on all wages. Every employee in the state of Washington will be automatically enrolled...