I met a couple nearing retirement. They have a sizable retirement plan that should provide a sufficient income… as long as they incur no unexpected health or long-term care costs. Odds are that at least one of them will require long-term care, so the best way to secure their future income is to insure for long-term care. After reviewing their needs and their budget, the couple purchased a Universal Life Insurance policy and added a long-term care rider. In this way, if they need funds to pay for long-term rehabilitation after a surgery, in-home nursing, nursing home care, or hospice care, this couple can access the death benefit while living to cover the costs. In the event that long-term care is not needed, their death benefit will go to the spouse that still lives or their heirs. To make this policy even more affordable, they applied the interest from one of their investments to pay the premium.