Your Long Term Care Rates + Plan

You could need Long-Term Care (LTC) because of an accident, illness, cognitive impairment or simply due to aging.  

This plan is designed to help you and your family plan for the high cost of Long-Term care and combines the benefit of life insurance. You WILL receive a benefit, either for LTC, Life Insurance, or both. 

Choose a life insurance benefit and you will receive a monthly LTC Benefit of 4% of the life insurance benefit in the event you are approved for an LTC claim. 

The Death Benefit is guaranteed 100% when it is needed most—during your working years when your family is relying on your income. While the policy is in force, the death benefit is 100% guaranteed for the longer of 25 years or age 70.   

 Even after age 70, the full death benefit is designed to last through age 99 for non-tobacco users and age 95 for tobacco users based on the current interest rate and mortality assumptions. Regardless of interest rates, the death benefit after age 70 is guaranteed to always be at least 50% of the initial benefit and will likely be more given the current interest rate. 

The LTC benefit is always based on the death benefit. This includes any reduction in the death benefit. 

The LTC Rider will not be paid for loss that results from: 

• An intentionally self-inflicted injury, or attempted suicide; or
• War or any act of war, declared or undeclared, or service in the armed forces of any country; or
• Treatment of the Insured’s alcohol, drug or other chemical dependence except if the drug dependency was sustained or acquired at the hands of a Physician or while under the treatment for an injury or sickness: or
• The Insured’s commission of or attempt to commit, a felony; or an injury that occurs because of the Insured’s involvement in an illegal activity. 

The following types of care will not be paid: 

• Received outside the United States and its territories: or
• Provided by ineligible providers (ineligible providers are those providers not defined in the Rider): or
• Rendered by members of the Certificate holder or the Insured’s immediate family 

Your beneficiary will receive the death benefit upon your death.  

You pay premiums until age 100 and you must use the LTC benefit or death benefit by your 121st birthday. If you don’t use it by your 121st birthday, then your plan benefits expire.