Long-Term-Care Protection Strategies The slideshow presentation that you would like to view is too large for your current screen resolution. Click here to view to view the slideshow at full resolution. Launch Presentation » Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content The Other Sure Thing Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared? When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Long-Term-Care Needs Determine your potential long-term care needs and how long your current assets might last.