Couples save big with secret long-term care strategy

Financial Benefits of Shared Care Policies

Shared care policies can be a cost-effective solution for couples. By opting for a shared policy, couples often enjoy reduced premiums compared to purchasing two separate policies. Additionally, the combined benefit pool can be more substantial, offering extended coverage. For instance, if each partner has a policy worth $200,000, a shared policy could effectively provide up to $400,000 in benefits, offering a significant financial safety net³.