Planning Today for Tomorrow’s Care Needs

Long-term care insurance helps cover the cost of services you may need if you’re unable to perform certain daily activities on your own — whether due to illness, injury, or aging. These services can include in-home care, assisted living, and skilled nursing facilities. At Gamble Risk Management, we help you understand your options so you can plan ahead, protect your assets, and maintain your independence. 

Types of Long-Term Care Coverage 

• Traditional Long-Term Care Insurance

• Stand-alone coverage that pays benefits for qualifying care services, typically with customizable daily or monthly benefit amounts.

• Hybrid Life + Long-Term Care Policies

• Life insurance policies with built-in or optional long-term care riders, allowing you to use the death benefit for care expenses if needed.

• Annuity-Based Long-Term Care

• Annuities that include long-term care benefits, offering income and coverage in one product.

Common Riders (Living Benefits) (H2)

• Shared Care Rider – Lets spouses share a pool of benefits between their policies.

• Inflation Protection Rider – Increases your benefit amounts annually to help keep pace with rising care costs.

• Return of Premium Rider – Refunds some or all premiums paid if you don’t use the benefits (varies by policy).

Where Long-Term Care Fits in a Financial Strategy 

• Asset Protection – Prevents care costs from depleting retirement savings.

• Estate Preservation – Ensures assets can pass to heirs rather than being spent on care.

• Family Relief – Reduces the financial and caregiving burden on loved ones.

Recommended Uses

• Retirement planning for individuals and couples

• High-net-worth households seeking estate protection

• Anyone wanting to preserve independence and choice in future care

Whether you're just starting your financial journey or looking to refine your existing plan, our goal is to equip you with the clarity, tools, and confidence to make the best decisions for your future.