What is Hybrid Life Insurance and how does it work?

Hybrid Life Insurance is a special type of life insurance that combines two important benefits into one policy:

1. Life Insurance – It pays a death benefit to your loved ones when you pass away.

2. Long-Term Care (LTC) Coverage – It also helps pay for nursing home care, home health care, or assisted living if you need it while you're alive.
   
   

So, instead of buying a separate long-term care policy, you get both benefits in one plan.

How It Works:

• If you need long-term care, the policy pays out from the death benefit to cover those costs.

• If you don’t use the long-term care part, your family still gets the full death benefit when you pass away.

• Some policies let you make a one-time payment or a few large payments instead of monthly premiums.