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re: Long term care insurnace policies
Posted on 1/19/24 at 4:20 pm to baldona
Posted on 1/19/24 at 4:20 pm to baldona
You’re accessing the death benefit, not the cash value for LTC purposes, that’s why it’s considered leverage. If you go off claim you stop drawing from it, there’s nothing owed back you just have a lesser policy now.
This post was edited on 1/19/24 at 4:28 pm
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