Hybrid long term care insurance combines the benefits of traditional long term care coverage with the security of a life insurance policy or annuity. At Diversified Insurance Brokers, we specialize in helping clients choose the right hybrid solution from our network of 100+ carriers, ensuring both financial protection and flexibility. If you’re looking for a way to cover potential care costs without “losing” your premium if you never need care, a hybrid policy may be the perfect fit.

How Hybrid Long Term Care Works

Hybrid long term care policies are designed to give you more control over your coverage and financial outcomes. Instead of paying premiums for a policy you might never use, your hybrid plan includes a built-in benefit—either as a life insurance death benefit or an annuity payout. This means if you don’t use the long term care benefits, your loved ones still receive a financial benefit.

Benefits of Hybrid Long Term Care

• Guaranteed Benefits: Provides either long term care coverage, a death benefit, or both—so your money is never “wasted.”
• Locked-In Premiums: Hybrid policies often have guaranteed, fixed premiums that will never increase.
• Tax Advantages: Certain benefits may be tax-free under IRS guidelines for qualified long term care expenses.
• Customizable Payouts: Choose the balance between life insurance and long term care benefits that works for your needs.
• Return of Premium Options: Some policies allow you to cancel and get a portion—or all—of your premiums back.

Who Is a Good Fit for Hybrid Long Term Care?

• People concerned about rising long term care costs
• Individuals who want coverage but dislike the “use-it-or-lose-it” nature of traditional LTC insurance
• Retirees looking for a way to leverage existing assets for both protection and legacy planning
• Those who want guaranteed premiums with no future rate hikes

Why Work With Diversified Insurance Brokers?

Our team helps you compare multiple hybrid long term care options to find the best fit for your health, age, and financial goals. With decades of experience and access to the top carriers, we ensure you receive competitive rates and policy terms. We guide you through the decision-making process so you can protect both your independence and your assets—while leaving something behind for your loved ones if care is never needed.