If ever there is a time you cannot care for yourself, things may get difficult – and expensive. Finding caregiving can be a challenge, and care can cost hundreds of
dollars a day.
It can happen at any age, to anyone: something goes wrong, and you start needing help with the basics of everyday life, like eating, dressing, or going to the bathroom. When that happens, this plan pays cash benefits that can help you afford the comfort and quality of care that you deserve. Plus, it doubles as life insurance, with a death benefit payable to those who rely on you.
One-Time Guarantee Issue - participants through age 70 applying during their initial enrollment period cannot be turned down (applicants aged 71-75 have three health questions)
Two-In-One Coverage: Permanent Life Insurance + Long Term Care - Provides permanent life insurance protection with rates that do not change as you age and includes Long Term Care services which include being cared for in your own home.
Long Term Care (LTC) Protection (Included) - Includes Using Family Caregivers Provides a monthly LTC benefit equal to 4% of your death benefit, i.e., $100,000 Permanent Life policy will pay a $4,000 monthly LTC benefit for up to a $200,000 maximum. The LTC Protection includes a Family Caregiving benefit, so your care may be provided by a family member or friend rather than by a professional. When using the family caregiving benefit you can collect 2% of your death benefit per month, up to two times the face amount of your death benefit amount.
Interim Coverage - Your Life + Care coverage begins as soon as you apply, as long as you satisfy eligibility requirements.
Benefit for Terminal Illness - If your medical professional determines that your life expectancy is 24 months or less you are allowed to access 50% of your death benefit if you have a terminal illness diagnosis.
Reduced Paid Up - After you have had coverage for at least 10 years, you may elect to pay no additional premiums and convert your plan into either Extended Term or Reduced Paid-Up life insurance (death benefit and long-term care benefits). Details will depend on your plan, age, benefit amount and how long you have had coverage.
Permanent and Portable - Take this policy with you when you leave employment or retire at the same cost and same benefits!
Long term care coverage may not be issued or approved until underwriting has completed any applicable underwriting review.
In addition to possible medical questions asked during the application process, you may be contacted by a company representative
or their vendor for additional information and/or you may be requested to take additional actions prior to approval of your
long term care application (Ex: Attending Physician’s Statement, Underwriting Assessment, Medical Examination, etc.).
Completing an application is not a guarantee that the application will be approved. If you do not respond to carrier
underwriting requests in a timely manner, your application for long term care coverage may be denied. Some carriers
may consider you ineligible for future coverage if previous application requests are denied.
In addition, please be aware that carriers may impose an actively-at-work requirement that may delay coverage
if you are absent from work due to injury, sickness, temporary layoff or leave of absence on your coverage effective date
(or during a period prior to your effective date, as defined by the carrier) and may not begin until you return to work in
active employment.
Any solicitation or invitation to discuss insurance sales or servicing is being provided at the request of AGIS Network, an owned subsidiary of Strategic Non-Medical Solutions, LLC (in California dba Strategic Ancillary Insurance Solutions). AGIS Network only provides insurance related solicitations or services to insureds or insured risks in jurisdictions where it and its individual insurance professionals are properly licensed. No part of this document may be reproduced in any form or reproduced by any electronic or mechanical means, including information storage and retrieval devices or systems, without prior written permission from AGIS Network.
