Permanent life insurance is often used as a base for insuring long-term care, with beneficiaries given the option to choose a rider for long-term-care expenses, Shawn Britt writes. Long-term-care riders under the classification 7702B are more comprehensive than chronic-illness riders classified as 101(g), Britt writes. Long-term-care riders are paid by either an indemnity model or a reimbursement model. Chronic-illness riders use the indemnity model; may not be marketed as long-term-care policies; and do not cover temporary conditions, such as mild strokes or cancer-related side effects.

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