Disability Income • Critical Illness Insurance • Long Term Care • Life Insurance

Tax-Qualified "Stand-alone" Long Term Care Insurance

See IRC Code Section 7702B

Generally speaking, if you itemize your taxes, you may be able to deduct a portion of your Tax-Qualified LTCi policy premiums.

Generally speaking, benefits from a Tax-Qualified LTCi policy are received income tax-free. See "Benefit Payment Model and the Taxation of Benefits"


NOTE: Non-Tax Qualified LTCi policies are not eligible for LTC Partnership planning and no portion of the premium is deductible.

Tax-Qualified Plan Design Options

Stand-alone LTCi policies offer greater plan design customization versus Hybrid Life/LTCi Rider policies. Three of the more popular Stand-alone LTCi policy riders are:
NOTES: COLA, Shared Care and Waiver of Home Health Care Elimination Period generally are not available on Hybrid Life/LTCi Rider policies. Limited COLA options may be available on Single Premium Hybrid policies. Other Stand-alone LTCi Riders are available.

Long Term Care Insurance
Long Term Care National Average Costs
Tax-Qualified "Stand-alone" Long Term Care Insurance
Hybrid Life/Long Term Care Rider Combinations
Plan Design Considerations
Elimination (Waiting) Period
Long Term Care insurance Partnership
Long Term Care Insurance in the Workplace
Paying for Care - Insuring the Risk
Paying for Care - Selling Your Life Policy
Paying for Care - Government and Personal Sources
State Filial Responsibility Laws
Long Term Care Insurance Disclaimers and Notes

There is no fee for my services

Paul SuPrise, CLU, LTCP
770 Nuangola Road • Mountain Top, PA 18707-9507
570-868-6871 • Fax 570-868-6872
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