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Re: LTC policies that are like Universal Life Policies?

Posted by Wendy on August 02, 2001 at 14:14:11:

In Reply to: LTC policies that are like Universal Life Policies? posted by Cindy Allen on July 25, 2001 at 17:21:45:

: Someone told me that you can purchase a LTC policy that will return money if not used, or that you can borrow against like a life insurance policy. Is this true?
: Many thanks for any info you may have!
There is an article posted on this website "Life Insurance Policies Add Long-Term Care" which is an article by Jane Bryant Quinn, Sunday, April 22, 2001, Washingtonpost.com. This may answer your questions and give you carriers to contact. Also, most LTC policies offer a nonforfeiture or return of premium option for an additional premium of 30% - 40% and up...

Follow Ups:

Re: LTC policies that are like Universal Life Policies? : : Someone told me that you can purchase a LTC policy that will return money if not used, or that you can borrow against like a life insurance policy. Is this true? : : Many thanks for any info you may have! : There is an article posted on this website "Life Insurance Policies Add Long-Term Care" which is an article by Jane Bryant Quinn, Sunday, April 22, 2001, Washingtonpost.com. This may answer your questions and give you carriers to contact. Also, most LTC policies offer a nonforfeiture or return of premium option for an additional premium of 30% - 40% and up...

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