re: Long term care insurnace policies

But you still have to pay your premiums to get that death benefit…which, could be $20k a year.

Idk. These conversations are always somewhat ridiculous because the actual premiums are rarely discussed and for most people these VUL and WL premiums are extremely high.

To the point of if you can afford $15k in premiums PER SPOUSE per year, I still don’t see how $200k potential impact has any impact on your financial plans.

ETA: the selling point would be the possible ‘investment’ but the insurance company has to make money so the vast majority of the owners of these policy are not making money. My guess is well under 7% make money