Adviser favors FIA with LTC rider to cover clients’ long-term care

When arranging long-term care coverage for her clients, financial adviser Shirley Luu recommends a fixed indexed annuity with a long-term care rider rather than a stand-alone LTC contract. “With a fixed-indexed annuity, the long-term-care rider is an option along with a lifetime stream-of-income rider,” she says. Financial Advisor online (12/29)