CareForward Hybrid Long-Term Care Insurance is a newer and noteworthy option for hybrid long term care insurance. With comprehensive coverage and unique features, it compares well to other hybrid policies and offers similar benefits to policies such as Securian’s SecurCare III. We’ll delve into the features of CareForward Hybrid Long-Term Care Insurance to help you determine if it’s the right choice for your long-term care insurance needs.

Key Features:

1. Combination of Life Insurance and Long-Term Care Coverage: Like all others, CareForward Hybrid Long-Term Care Insurance combines life insurance and long-term care coverage. Ensuring your investment serves a purpose, either through long-term care benefits or as a death benefit for your beneficiaries, is what sets Hybrid long term care policies apart from traditional LTC policies.
2. Flexible Premium Payment Options: This hybrid policy offers various premium payment options, such as single lump sum, 10-pay, 20-pay and lifetime payments; providing flexibility in selecting a payment schedule that aligns with your financial situation and goals.
3. Guaranteed Death Benefit: CareForward Hybrid Long-Term Care Insurance includes a guaranteed death benefit. Providing your beneficiaries with a payout, protecting your financial legacy and offering peace of mind.

Considering CareForward Hybrid Long-Term Care Insurance for your long-term care insurance needs? Compare it to other hybrid policies with a personalized side-by-side quote from LTC Tree!

5. Inflation Protection: To ensure your policy’s benefits keep pace with the rising cost of long-term care, CareForward Hybrid Long-Term Care Insurance offers optional inflation protection riders. These riders help maintain the value of your policy benefits over time, providing adequate coverage when needed.
6. Waiver of Premium: Once you start receiving long-term care services and are on claim, CareForward Hybrid Long-Term Care Insurance waives any remaining premium payments. This feature allows you and your family to focus on your long term care needs.
7. Enhanced Elimination Period: CareForward Hybrid Long-Term Care Insurance offers an enhanced elimination period, which means that if you need long-term care services, you can start receiving benefits sooner than other hybrid long term care policies.
8. Return of Premium Rider: With the optional return of premium rider, you can receive a portion of your premiums back if you decide to surrender the policy. This feature allows you to maintain your current lifestyle should your financial situation change.

With features designed to address a variety of needs and financial goals, Thrivent’s CareForward Hybrid LTC policy checks all the boxes for a comprehensive LTC product.

Ready to make an informed decision? Request a side-by-side quote comparison from LTC Tree to find the best hybrid long-term care insurance policy tailored to your needs!