From LinkedIn · Insights from Bert Payne · Published July 23, 2026 · Updated July 23, 2026
Long-term care insurance is one of the few financial decisions where the wrong solution can cost far more than the premium.
I am very selective about the strategies I recommend. This design continues to stand out for many successful professionals and business owners because it combines several valuable features.
Lifetime benefits
Combined LTC benefit ($20,000 per person)
One-time funding
Cash value from day one
Potential tax advantages, where applicable
Illustration
If long-term care is never needed, beneficiaries receive a $480,000 death benefit, generally income-tax-free, subject to applicable tax rules.
One of the principles that has guided my career is simple.
A long-term care plan should provide value whether you need care — or never need it.
Every family's circumstances are different, so the right solution depends on health, age, assets, tax situation, and objectives. Independent analysis is essential before making any recommendation.
For further information, please reach out.
This is a solicitation for insurance. This material is educational and is not tax, legal, or accounting advice; consult a qualified professional regarding your specific situation. Insurance benefits are subject to underwriting and policy terms. Figures shown are illustrative for a healthy 50-year-old couple and will vary by carrier, health, age, and design. Tax treatment is generally income-tax-free, subject to applicable tax rules; C-Corporation advantages apply only where applicable.
