Protecting your loved ones is one of life’s greatest responsibilities. When a family loses someone, in addition to grief, survivors may suddenly be faced with costly expenses and debts and even a loss of income. You may also, at any point in your life, need long-term care services, which could cost hundreds of dollars per day. Many families would have trouble paying for living expenses if they lost their primary earner.
Life Insurance with Long-Term Care (LTC) combines the benefits of life insurance with living benefits, which can be utilized for long-term care, home healthcare, adult day care, or assisted living. Many people have concerns about protecting their families’ future should something happen to them. Adding to these concerns is the likelihood that they will need LTC. Life Insurance with living benefits provides an answer to both of those worries. Whether or not you use LTC in your lifetime, your beneficiary will still receive a life insurance payout.
Eligible associates include:
*The LTC benefit can be extended for an additional 25 months with Extension of Benefits.
Answers about the plan, including eligibility, options, enrollment, customer service and more.
Who is the provider?
How can this help me?
With this coverage, you’ll provide your family with a financial safety net and access to long-term care services, should you need it during your lifetime. Although it can be hard to imagine, many individuals will need long-term care services at some point in their lives. You may need these services if you experience an accident and need help while you recover or simply need professional assistance due to aging.
Whether you need LTC at a point in your life or not, your family will still receive end-of-life benefits. Life insurance will help protect your family’s future, should something happen to you.
When can I enroll?
How much will this coverage cost?
What if my employment status changes?
Won’t the Federal Government pay for my Long-Term Care?