Discussing Long-Term Care Insurance with Clients

Rieske, Thomas H.
May 2006
Journal of Financial Planning;May2006, Vol. 19 Issue 5, p28
Academic Journal
The article provides advice for how financial planners should discuss long-term care insurance with clients. The list of advice includes discussing the impact that living a long life and requiring care would have on their extended family, highlighting the fact that long-term care insurance does not replace care from the family unit but allows care to be provided in a better and longer manner, explaining the benefits of care coordination services that are built into the policies, and exploring what portion of their retirement portfolio has been allocated to pay for long-term care costs.


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