A good life insurance policy would have given my mom money to stay home with my brother, who had cerebral palsy and needed care throughout the day and night during his lifetime.
Qualifying for life insurance coverage with health impairments takes some expertise and a little more work from your agent, but it can be done. Don’t let any health issues deter you from securing this important coverage.
LTCI can provide peace of mind that your retirement income will be there to support you when you need it.
With proper management, and properly managed expectations, the lump sum can provide you with a secure lifetime income stream. The primary benefit of choosing the lump sum over the pension annuity payments is flexibility.
I don’t think I’ll die prematurely, but how the heck do I know if that’s true or just wishful thinking. The point is I don’t.