Care Where You Want It, Preserving Your Assets While Protecting The Ones You Love! The newest addition to the hybrid marketplace is the long term care annuity. This product functions exactly like a fixed annuity, but has a long term care multiplier built into the policy. Being a fixed annuity, your principal is guaranteed. This is a single premium product and Long-term care coverage is calculated based on the amount of coverage selected when the policy is purchased. There is no separate long term care insurance policy, no premiums and generally little or no underwriting. These new products provide the option to receive long term care benefits only if they are needed. If long-term care is never needed the annuity value would be paid out a lump sum to any named beneficiary. How It Works The decision not to buy long term care insurance is a decision to self insure. This can be costly and possibly devastating. Ask yourself these questions:Would you like to pay for care with your principal or interest from your principal?How much of your long-term care expenses are you willing, or able, to pay out of your own pocket?Do you want to financially, physically, and emotionally burden your loved ones?Do you want to decide where you receive care or do you want the state to decide for you instead? Calculate Don't make excuses that your Loved Ones will end up paying for. The "what if I never need long-term care?" concern is one of the major reasons people don't protect themselves and their loved ones against the potential risk of needing care. With a Fixed Annuity and Long Term Care rider if that is a reason that's been holding you back from looking into protection, you no longer have an excuse......at least not that one. Never sacrifice 3 things: Your family, your heart, or your dignity. Name Email Address Phone Question Thank you! Oops!