Several people are asking if they can use their life insurance policies for long term care needs. Some newer life insurance plans include a chronic illness rider that let's you use the dealth benefit while still alive and needing help living through your day.  Those plans don't consider that needing care wil cost much more in the future, however. Older life insurance policies generally don't allow early use for LTC needs. You can exchange those plans for a plan that wil pay for LTC.  Some of the LTC plans will also pay a death benefit if care is not needed. Listen and learn what Rob & Judy are considering with their old life insurance policies by using the IRS 1035 exchange rule to reposition their plan feom a death benefit only to a death and LTC benefit. If you own life insurance with cash value built up, you can use that cash value to create an LTC plan wil little or no premiums. Schedule with me to learn how