I've never met a #caregiver who was happy their loved one did NOT own long-term care insurance.

Without long term care insurance, your assets may be used to pay for your care. The question is simple: Do you want to protect what you've worked hard to build? Buy my book on Amazon: zurl.co/4ISwv Listen to the podcast: zurl.co/fhaT1 Watch our YouTube channel: zurl.co/02GYT Our website to learn more: zurl.co/R2y3A Scott A. Olson, CLTC®, is co-founder of zurl.co/R2y3A and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #retirementplanning #insurancetips #longtermcare #financialplanning101 #fiancialfreedom #lifeinsurance #retirement

Do you have enough income or assets to protect? That's the first question to ask when considering long term care insurance. The right policy can help protect what you've worked a lifetime to build. Buy my book on Amazon: zurl.co/oOAmh Listen to the podcast: zurl.co/4PPYW Watch our YouTube channel: zurl.co/8hHdd Our website to learn more: zurl.co/vzuCM Scott A. Olson, CLTC®, is co-founder of zurl.co/vzuCM and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #retirementplanning #insurancetips #longtermcare #financialplanning101 #fiancialfreedom #lifeinsurance #retirement

Three questions could help determine whether long term care insurance is right for you. Buy my book on Amazon: zurl.co/wqJbx Listen to the podcast: zurl.co/FV3SN Watch our YouTube channel: zurl.co/Kcls1 Our website to learn more: zurl.co/7V8wF Scott A. Olson, CLTC®, is co-founder of zurl.co/7V8wF and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #retirementplanning #insurancetips #longtermcare #financialplanning101 #fiancialfreedom #lifeinsurance #retirement

Should you buy long term care insurance? Many advisors make the answer complicated. We believe it comes down to 3 simple questions. Buy my book on Amazon: zurl.co/GIgLn Listen to the podcast: zurl.co/aNfSY Watch our YouTube channel: zurl.co/UCZzg Our website to learn more: zurl.co/1Xl8c Scott A. Olson, CLTC®, is co-founder of zurl.co/1Xl8c and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #retirementplanning #insurancetips #longtermcare #financialplanning101 #fiancialfreedom #lifeinsurance #retirement

Declined for a Hybrid policy but approved for a Traditional policy! Everyone's Long-Term Care journey is going to be different. Learn more at zurl.co/jqnLg Interested in a personalized quote? Check out my Policy Finder: zurl.co/mx6IJ Buy Scott's Book: zurl.co/OT15a Go watch the full video: zurl.co/VcxbK #retirementplanning #ltci #fiancialfreedom #longtermcareinsurance #longtermcare #ltc #financialplanning101 #lifeinsurance #retirement

This article has a lot of half-truths and some complete falsehoods.@Quantanamo youtube.com/watch?v=FY0auzwS…

With some calendar day elimination periods, the clock doesn't start when you're diagnosed or certified. It starts when you actually begin receiving qualified care services. Buy my book on Amazon: zurl.co/kDnxG Listen to the podcast: zurl.co/5jJsh Watch our YouTube channel: zurl.co/pvqHa Our website to learn more: zurl.co/ev1fT Scott A. Olson, CLTC®, is co-founder of zurl.co/gWXsJ and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #longtermcare #retirementplanning #insurancetips #financialplanning101 #fiancialfreedom #retirement #lifeinsurance

Not all calendar day elimination periods start when you become chronically ill. Some don't begin until a healthcare practitioner officially certifies your condition. That difference can impact when benefits begin. Buy my book on Amazon: zurl.co/IDM2V Listen to the podcast: zurl.co/WjgS9 Watch our YouTube channel: zurl.co/cViE4 Our website to learn more: zurl.co/HpQOg Scott A. Olson, CLTC®, is co-founder of zurl.co/ztsHO and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #longtermcare #retirementplanning #insurancetips #financialplanning101 #fiancialfreedom #retirement #lifeinsurance

Cash value life insurance is an asset that is counted when determining if someone can qualify for Medicaid-funded long-term care: "If the policy's face value is less than $1,500, then it won't count as an asset for Medicaid eligibility purposes. However, if the policy’s face value is more than $1,500, the cash surrender value becomes an available asset." elderlawanswers.com/can-life…

IUL: On 'costs twice' — LTC: Post a quote and I'll prove to you that the IUL with chronic illness rider costs TWICE as much as a comparable LTCi policy. IUL: On lapse rates — standalone LTC clients absorb 50-70% mid-policy rate hikes. LTC: That's also false. 41 states have the Rate Stability Regulation. Policies sold under the Rate Stability Regulation canNOT have planned "mid policy" rate hikes of 50% to 70%. The policies under the RSR have to have actuarial certification that there is enough of a "cushion" in the pricing that there are no anticipated rate increases for the life of the policy. IUL: On declining benefit — carrier-specific. The right policy locks the percentage at issue. LTC: I was not referring to the percentage of the death benefit that is accelerated. I was referring to the fact that the "chronic illness" benefits are not guaranteed to grow. In fact, the "chronic illness" benefit, with most IUL's, is unknown until the time of claim. IUL: On inflation — standalone LTC erodes the same way you're flagging. The inflation rider runs 30-50% extra premium. We're back to comparable cost. LTC: You're saying that the IUL without guaranteed inflation growth is comparable in cost to an LTCi policy with guaranteed inflation. You're right. IUL: Partnership Program asset protection is the one real gap. For most clients it doesn't move the decision. For some it does. Structural conversation, not a 'most of this is false' headline. LTC: Since the IUL's cost of insurance goes up every year and goes up A LOT as they approach 70's, 80's, IUL's are a horrible way to plan for long-term care.

IUL Advocate: Here's the math on the alternative: standalone long-term care insurance runs $3,000 to $6,000 a year in premium. LTCShop: Comparable "chronic illness" benefits from an IUL would cost at least twice that amount. IUL Advocate: Most policies lapse because people stop paying in their 60s. LTCShop: That's 100% false. The lapse ratio for long-term care insurance is less than 1% per year. People hang onto their long-term care insurance policies even if they get big rate increases. IUL Advocate: Die healthy, the carrier keeps every dollar you ever paid. Zero back to your estate. LTCShop: So what. Is it better to pay twice as much in premium for less benefits with an IUL? IUL Advocate: An IUL with a chronic illness rider costs nothing extra in premium. The rider shares the same death benefit chassis. You either accelerate it while you're alive or your beneficiaries collect it after. LTCShop: You failed to mention the most important parts: 1) The amount of the "chronic illness" monthly benefit is determined at the time of claim. The longer the policyholder is expected to live the lower the monthly benefit from the chronic illness rider. 2) The IUL policy might lapse, unless it has a no-lapse guarantee to age 120. If it lapses that means there's NO death benefit, NO chronic illness benefit, NO cash value. 3) There is no guaranteed inflation growth. In other words, the value of the chronic illness benefit decreases every year, due to the eroding effects of inflation. 4) If the policy happens to stay in-force until the policyholder needs "long term care", once the death benefit is exhausted the policyholder must use their own assets to pay for care. IUL's with chronic illness riders do NOT qualify for asset protection under the long-term care partnership programs in 42 states. Traditional long-term care insurance policies WITH inflation protection provide this extra asset protection. ltcshop.com/long-term-care-i…

A 90 day calendar elimination period sounds simple, but when does the clock actually start? Understanding the different types of calendar day elimination periods can help you avoid costly surprises. Buy my book on Amazon: zurl.co/4kK6x Listen to the podcast: zurl.co/tSwCo Watch our YouTube channel: zurl.co/MzDsI Our website to learn more: zurl.co/VrZrH Scott A. Olson, CLTC®, is co-founder of zurl.co/A0TVs and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #longtermcare #retirementplanning #insurancetips #financialplanning101 #fiancialfreedom #retirement #lifeinsurance

Type C, D, and E elimination periods all work differently. Understanding how many days of paid care count toward your elimination period can make a big difference when planning for long term care. Buy my book on Amazon: zurl.co/05q7B Listen to the podcast: zurl.co/F3zpv Watch our YouTube channel: zurl.co/Qzlw6 Our website to learn more: zurl.co/V9kpm Scott A. Olson, CLTC®, is co-founder of zurl.co/S4LKw and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #ltci #longtermcare #retirementplanning #insurancetips #financialplanning101 #fiancialfreedom #retirement #lifeinsurance

A Type B service day elimination period can be more flexible than most people realize. Just 1 day of qualified care each week can count as 7 days toward your elimination period. Buy my book on Amazon: zurl.co/LGF0L Listen to the podcast: zurl.co/Jz19b Watch our YouTube channel: zurl.co/jNufb Our website to learn more: zurl.co/i2zCD Scott A. Olson, CLTC®, is co-founder of zurl.co/kQPxm and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #longtermcareinsurance #ltc #longtermcare #ltci #retirementplanning #insurancetips #financialplanning101 #retirement #lifeinsurance

Most people think a “service day” means 24 hour care. It doesn’t. With the most common Type A elimination period, even a short home health aide visit can count as one full day toward your elimination period. Understanding this can make a huge difference when it’s time to file a claim. Buy my book on Amazon: zurl.co/z49xF Listen to the podcast: zurl.co/lLqIG Watch our YouTube channel: zurl.co/qJ18i Our website to learn more: zurl.co/eawkJ Scott A. Olson, CLTC®, is co-founder of zurl.co/6AO3Q and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232.

Not all elimination periods work the same way. Some policies have separate elimination periods for home care and facility care, and understanding the difference between service day and calendar day can make a major impact during a claim. Buy my book on Amazon: zurl.co/QgYFT Listen to the podcast: zurl.co/kIluW Watch our YouTube channel: zurl.co/SQuHw Our website to learn more: zurl.co/HkkLF Scott A. Olson, CLTC®, is co-founder of zurl.co/da2Ft and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #LongTermCareInsurance #InsuranceEducation #CarePlanning #RetirementPlanning #LongTermCare

The wealthy don't buy long-term care insurance to protect against a $170,000 nursing home expense. They buy long-term care insurance to help protect against a million dollar home care expense.

A real life example of how a 90 service day elimination period worked for our family. Small daily home care visits made a huge difference and helped satisfy the elimination period quickly with minimal out of pocket expense. Buy my book on Amazon: zurl.co/t8RGI Listen to the podcast: zurl.co/1dxjA Watch our YouTube channel: zurl.co/V8g5b Our website to learn more: zurl.co/3H8Tf Scott A. Olson, CLTC®, is co-founder of zurl.co/wXopL and host of Long-Term Care Insurance Now. He has specialized exclusively in long-term care insurance since 1995 and is licensed nationwide. His National Producer Number (NPN) is 617232. #lifeinsurance #ltc #longtermcareinsurance #insurancerates #insurance

A real example of how a 90 day service elimination period worked for our family. Even short daily home care visits helped us meet the requirement. My book: zurl.co/1FGVH Podcast: zurl.co/it6oE YouTube: zurl.co/V0ii4 Website: zurl.co/l0aQv

This example confuses a lot of people in long term care insurance. Here’s why it does not make much practical sense. Buy my book: zurl.co/JBZch podcast: zurl.co/3hZzw YouTube channel: zurl.co/tYmG8 Learn more: zurl.co/Mfdsh