Long-Term Care (LTC)

Long-Term Care insurance has been growing in popularity with the surge of Baby Boomers leaving the work force and reaching advanced age. We can help you better understand the available options and find the right solution to your client’s long-term care needs.

Types of Long-Term Care We Offer:

  • Conventional
  • Hybrids
  • Multi-Life
  • Life Insurance with LTC riders

Did You Know?

  • That 70% of Americans over the age of 65 are likely to need Long-Term Care at some point during their lives, and only one in ten own Long-Term Care insurance?

  • That the average cost nationwide of a RN for home health care is $79.27 an hour for those with no Long-Term Care plan or strategy?

  • That about 91% of older adults have at least one chronic condition, and 73% have at least two. Are you offering Chronic/Critical Illness riders on permanent life sales? Statistics say that you should be.

  • That there is one carrier which offers a full suite of long-term care  planning solutions including traditional Long-Term Care Insurance, Life Insurance with a Long-Term Care Rider and Life Insurance with a Chronic Illness Rider?

  • That there is a carrier that offers a Chronic Illness rider that does not need to be a permanent condition to be eligible for the benefit?

  • That there is a Critical Illness rider that provides a one-time, income tax-free, lump-sum benefit up to $250,000 upon initial diagnosis of a covered critical illness such as a heart attack, cancer, or a stroke and preserves the policy death benefit?

  • That there is a survivorship policy available that offers a Long-Term Care rider to both insureds and that they can actually be on claim at the same time for up to half of the face amount of the policy?

  • That there is a carrier that offers an Accelerated Death Benefit for Chronic Illness Agreement on a term policy which allows the insured to add this benefit without evidence of insurability at the time of conversion even if they are chronically ill?