re: Long term care insurnace policies

The rider is added to the policy. You are paying for the rider so no it’s not a loan. You cannot retroactively add this rider to an already inforce policy.

You’re probably accurate assuming age and for a couple’s premium, yet you’re still looking at 15-20 years of premiums to break even assuming 6% growth to eclipse the death benefit and given it’s a VUL chassis, once the cash value exceeds the DB then both will continue to grow above what was originally assumed.

Likely correct for a couples policy yet they would each have their own policy with their own death benefit. I’ll add that these goals and cost (for our sake) are run through moneyguide to assume probability and assumption of risk to insure it makes sense.