---
title: "What Is Hybrid long-term care policy? Home Care Glossary"
description: "A hybrid long-term care policy combines life insurance or an annuity with long-term care benefits. If the owner needs care, the policy pays for it. If the..."
url: https://homecare.preview.multisites.ai/glossary/hybrid-long-term-care-policy/
publisher: HomeCare.com
phone: 800-974-3458
start: https://care.homecare.com/?source=homecare.com
---

Paying for care

# Hybrid long-term care policy

A hybrid long-term care policy combines life insurance or an annuity with long-term care benefits. If the owner needs care, the policy pays for it. If the owner never does, heirs usually receive a death benefit. Many hybrids are bought with a single payment or a set number of payments.

## Why it matters for your family

The Administration for Community Living and the NAIC, the group of state insurance regulators, describe the trade-off. Single-payment hybrids avoid the risk of future premium increases, but they need a larger upfront payment. Benefits paid for care reduce the death benefit. Ask whether the policy offers inflation protection and what care it covers at home. A common mistake is to compare only the premium. Compare the benefit pool, the waiting period, and the rules for filing a claim. A licensed insurance agent and a tax professional can explain the policy.

Source: [acl.gov](https://acl.gov/ltc/costs-and-who-pays/who-pays-long-term-care/using-life-insurance-to-pay-for-long-term-care)

[Read more: 5 Myths about Long-Term Care](https://homecare.preview.multisites.ai/paying-for-care/5-long-term-care-myths/)

## Related terms

-   [**Long-term care insurance**Long-term care insurance is a private policy that pays for help with daily living when a person can no longer manage alone.](https://homecare.preview.multisites.ai/glossary/long-term-care-insurance/)
-   [**Life insurance with long-term care rider**A life insurance policy with a long-term care rider lets the owner use part of the death benefit while alive to pay for qualified care.](https://homecare.preview.multisites.ai/glossary/life-insurance-with-long-term-care-rider/)
-   [**Elimination period**An elimination period is the waiting time in a long-term care insurance policy before benefits begin.](https://homecare.preview.multisites.ai/glossary/elimination-period/)
-   [**Accelerated death benefit**An accelerated death benefit is a payment of part of a life insurance death benefit to the insured while still alive.](https://homecare.preview.multisites.ai/glossary/accelerated-death-benefit/)
-   [**Annuity for Medicaid planning**An annuity for Medicaid planning is a contract in which a person pays a lump sum to an insurer in return for a stream of income.](https://homecare.preview.multisites.ai/glossary/annuity-for-medicaid-planning/)
-   [**Private pay**Private pay means a family pays for care directly from its own money.](https://homecare.preview.multisites.ai/glossary/private-pay/)

[All glossary terms](https://homecare.preview.multisites.ai/glossary/)

## Talk to a care advisor today.

Free consultation. No minimums, no contracts.

[800-974-3458](tel:+18009743458)

[Call a care advisor](tel:+18009743458)[Find a caregiver online](https://care.homecare.com/?source=homecare.com)

![A caregiver brushing an older woman's hair](https://homecare.preview.multisites.ai/_astro/companion-hero.VQ7SEy6E_1cBo5h.webp)