Does Long-Term Care Mix With Life Insurance? 
That is a really great question ! I am glad that you asked , as a recent study showed nearly 70 % of seniors would at some point require assisted care , and are not prepared for the cost . A good retirement strategy has a life insurance policy to provide an income and cover funeral expenses , and a long term care policy to protect against the costs of that care . Many insurance policies allow the withdrawal of the death benefit funds , and unfortunately many people are forced to do that . When they do , there are always fees , interest , and tax consequences that sharply reduce the amount received , and often leave the spouse without the funds needed to pay for funeral expenses . Please consult an agent to see what products will be best for you . I have a couple that are very good , if you would like to discuss them , please feel free to contact me . Thank you for asking ! 