Presented by Gary Peterson A Linked Benefit (LB) policy allows you several options. An LB policy offers long term care (LTC) coverage, liquidity and a death benefit. If your client has a change in plans and decides not to keep the policy, a return of premium benefit may allow them to get back their initial premium. If they die prematurely, the family receives an income tax free benefit. Finally, your client has LTC benefits available if needed. LB policies attract people who:
- Are retired or approaching retirement.
- Are more affluent with higher net worth.
- Want to protect against potential LTC expenses and leave a legacy to their loved ones.