What Is Special Needs Life Insurance and Who Needs It?
Planning for a loved one with special needs comes with unique responsibilities—especially when it comes to ensuring their long-term care and financial stability. Standard life insurance often isn’t designed to protect individuals who depend on needs-based government benefits like Medicaid or SSI. That’s where Special Needs Life Insurance plays a vital role.
These policies are designed to fund a special needs trust, allowing parents or guardians to leave behind financial support without jeopardizing eligibility for public assistance. This strategy ensures that a child or dependent with a disability continues receiving benefits, while still having access to additional resources for housing, caregiving, transportation, and quality of life.
Many of these plans can be structured as whole life insurance or survivorship policies that provide funding only after both parents pass away. And with the right legal and financial structure, the funds can be carefully managed in the child’s best interest—without disrupting their benefits.
At Diversified Insurance Brokers, we specialize in helping families create comprehensive special needs plans, working with both insurance and legal professionals to ensure lasting protection.
👉 Visit our special needs life insurance page here
Contact Us Today:
Want to protect a loved one with special needs—without affecting their benefits?
📞 Call us at 770-662-8510
📅 Schedule a free consultation with Mike
Or visit our Contact Page: https://www.diversifiedquotes.com/contact-us/