Life Insurance

As part of a holistic retirement and estate plan based on the individual needs of each client, Ramer Retirement Resources can help you leverage the benefits of insurance solutions that provide death benefits, protect assets, mitigate taxes and most importantly, provide you with peace of mind.

The cost of long-term health care is staggering. Many people don’t plan for them, in part, because they don’t want to think about it. But there are insurance solutions that can provide you with protection, so long-term care costs don’t derail your retirement income or take wealth away from your family.

Alternative LTC Planning with “Linked Benefit Plans”

The increasing and unexpected costs of long-term care can be catastrophic to your quanltiy of life and retirement plans. Preparing for the potential need for long-term care makes great sense, especially if you can help protect your existing assets at the same time. Your loved ones will also benefit from your preparations. Linked Benefit Plans provide guaranteed benefits you can utilize to reimburse qualified long-term care costs, helping to protect your retirement assets. It offers a simple solution that makes sense for today and for tomorrow. While Ramer Retirement Resources has access to some great annuity-LTC linked benefit products, most of our planning has been done using Life Insurance/LTC linked plans. Typically paid with a single premium payment, they can provide multiple benefit options to cover an individual’s or spouse’s needs including a money-back guarantee, minimum death benefit and long-term care benefit guarantees. Life/LTC linked plans basically utilize a life insurance policy with a rider that accelerates the specified amount of death benefit to pay for covered long-term care expenses. The cost of riders are usually deducted from the policy value. The costs of long-term care continue to rise rapidly. We want to provide you with peace of mind in knowing an unexpected event will not derail your financial future.