Long Term Care Planning with hybrid life and long term care insurance | CFP® Case study

#Finance

I dissected a recent interaction I had with a potential client who ultimately chose not to do anything about her worries about affording long term care. I went over the situation she was in, the recommendations I made to convert the cash value in her life insurance policy to a hybrid life and long term care insurance policy, why she ultimately chose not to do anything, and the changes I made to how I worked with Chinese immigrant retirees to deliver my financial advice more effectively.