Long-term care insurance
Long-term care planning, costs and coverage options
SRS helps advisors and families plan for the cost of care with traditional LTC insurance, hybrid life and annuity plans, and life insurance with LTC riders. We also join advisors on sales calls.
In short: almost 70% of people turning 65 will need some type of long-term care, and Medicare pays for very little of it. A long-term care plan, whether a traditional policy, a hybrid life or annuity plan, or a life insurance rider, protects retirement savings and gives families choices about where care happens.
Sources and more figures: Long-term care statistics (2026).
Coverage options
A complete long-term care portfolio
Traditional LTC insurance
Pays for care at home, assisted living or a nursing home. Partnership and non-partnership plans, individual and joint.
Hybrid life / LTC
Asset-based plans with guaranteed premiums and a death benefit if care is never needed. See hybrid products.
Life insurance with LTC riders
Accelerate the death benefit for qualifying care needs. Often the most affordable path.
LTC annuities
A solution for clients over 70 or with health issues that rule out traditional coverage.
Multi-life and employer
Large and small employer groups, association groups and executive carve-outs.
Single premium and limited pay
Fund coverage with one deposit or a short payment period from existing assets.
Learn more
Long-term care guides
Costs and facts
For individuals and families
Choosing coverage
Taxes and business owners
Underwriting and claims
Advisor tools
Quote forms, sales pieces and calculators
- LTC Quote Request (PDF)
- LTC Health Prequalification (PDF)
- LTC Fast Quote (PDF)
- LTCi EZ-Sale (PDF)
- LTCi Coach (PDF)
- Partnership Minimum Requirements (PDF)
- LTC Tax Advantages (PDF)
- NY LTC Tax Credit (PDF)
- Why You Should Own LTC (PDF)
- Having LTCi vs. Not Having LTCi (PDF)
- The Importance of Long Term Care (PDF)
- LTCi Motivation (PDF)
- Alzheimer’s Flier (PDF)
- Alzheimer’s Disease Packet (PDF)
- Mutual of Omaha Cost of Care Study (PDF)
- Retirement Income Buckets (PDF)
- LTC Disclaimer (PDF)
- Medicare.gov
Recent case results
How we help with long-term care
One policy, coverage for two
Joint life LTC coverage that protects both spouses.
Read the case →Case results describe past placements and are not a guarantee of future offers.
Who you’ll work with
Tim Fuller
President, SRS Inc. · Littleton, Colorado
SRS has helped advisors place life, disability, long-term care and annuity cases for more than 50 years, with a focus on impaired risk underwriting and advanced planning. When you send a case, you work directly with our team, not a call center.
Get help
Two ways to start
Advisors get case design, quotes and joint sales call support. Individuals and families can talk directly with Tim Fuller.
For advisors
Request an LTC quote
Tell us the client’s age, health and budget. We will compare traditional, hybrid and rider options. Submit online or download the intake form and send it back.
For individuals and families
Talk to Tim
Planning for yourself or a parent? Tim will walk you through the options and costs. No cost, no pressure.
Or call 303-309-3471
FAQ
Long-term care questions
How much does long-term care cost?
According to the CareScout 2025 Cost of Care Survey, national medians were $35 an hour for in-home care, $6,200 a month for assisted living and $10,798 a month for a private nursing home room. Costs vary widely by state.
How likely is it that I will need long-term care?
According to the U.S. Administration for Community Living, someone turning 65 today has almost a 70% chance of needing some type of long-term care, and about 20% will need it for more than five years.
Does Medicare pay for long-term care?
Medicare does not pay for most extended custodial care. It covers limited skilled care after a qualifying hospital stay. Medicaid pays for long-term care only after most assets are spent down.
What is the difference between traditional and hybrid long-term care insurance?
Traditional LTC insurance pays for care only and premiums can increase. Hybrid (asset-based) policies combine life insurance or an annuity with LTC benefits, usually with guaranteed premiums and a death benefit if care is never needed.
When is the best time to buy long-term care insurance?
Many people shop in their 50s, when premiums are lower and health is more likely to qualify. Waiting raises the cost and increases the chance a health change makes coverage harder to get.
Figures from the U.S. Administration for Community Living, CareScout 2025 Cost of Care Survey and KFF. Product availability varies by state. Reviewed by Tim Fuller, President of SRS Inc.