Potential Income Tax Benefits: Business owner can deduct some or all of the premiums.
These are some of the options to consider when evaluating long-term care insurance plans, Long-term care insurance is a little more complicated than life insurance or health insurance, so it's best to consult with a Long-Term Care Specialist. A long-term care specialist will educate you in long-term care planning. He will determine if it makes sense financially and then together you will design a plan that fits your own particular situation.