Retirement Backstop

This continuing AM “hot topic” explores many of the risks individuals face in retirement, and shows how life insurance can be a potential solution to help cover these risks. Our “Planning in action” this month looks at how a retirement backstop was illustrated — and most interestingly, how the interplay of an option two death benefit policy with our Long-Term Care rider may provide the double advantage of 1) a death benefit and 2) the potential preservation of the long-term care benefit if and when LTC benefits are applied.