Shared care riders on long term care insurance policies are a definite necessity and a definite buy when a couple buy long term care insurance. Shared care riders extend the policy protection by allowing the transfer of benefit monies to be transferred to a party who needs extended care and exhaust their benefits. They also allow for the transfer of benefits if one of the parties in a couple dies without using their benefits. There are however two different approaches in the market being sold and they have different impacts on your benefit dollars.
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