LAKEVILLE, CT — This NEW hybrid plan design will help transform the long-term care insurance industry. Hybrid plans have become popular because if one never needs long-term care the premiums are not “wasted” as they can be returned to beneficiaries. Hybrids have become an ideal alternative for higher net worth individuals who may have considered self insuring long-term care risk. A serious drawback for many has been the high cash flow premium requirement, either a single premium or ten consecutive annual premiums.

Lincoln Financial currently has a significant market share with hybrid plans, and that can meaningfully increase with their new paid up at 65 series. The basic premise of the hybrid will still ring true; guaranteed premiums and values and a premium return if care is not needed. However because premiums can be paid over 20 years (for a 45 year old) the cash flow parameters will be much closer to traditional long-term care insurance.

Lincoln Financial Group is currently rated A+ by A.M. Best and AA- by Standard & Poor’s.

For details and quotes call RetirementGuard at 1.888.793.6111 or email helpme@retirementguard.com