Long-Term Care Insurance
Protect your retirement assets from the unexpected costs of long-term care.
RiverSource® insurance offers two life insurance solutions to help with long-term and extended care expenses. Both provide:
- Flexibility to use benefits either for long-term care expenses while living and/or as an income tax-free benefit to your loved ones after you are gone
- Benefit payments for home care services as well as assisted living, adult daycare and nursing home facilities
Two solutions to consider:
Universal life insurance with long-term care benefits
This solution:
- Is ideal if you have assets to reallocate to pay a single premium
- Gives you the option for greater long-term care benefits than a universal life insurance policy with a chronic care elder
- Allows you to get your money back if you change your mind or your situation changes2
Learn more about RiverSource TrioSourceSM universal life insurance
Universal life insurance with an optional chronic care rider
This solution:
- Generally provides more emphasis on the life insurance benefit
- Allows more flexibility around the timing and amount of premium payments
- Provides an income tax-free death benefit to your loved ones
