LTCi Mythbusters: $1 Million In LTCi Coverage IS Affordable

LTCi Mythbusters: $1 Million In LTCi Coverage IS Affordable

We’ve all heard the saying, “if it sounds too good to be true, it probably is.”  In many cases, this may be the way things shake out – but not in the case of a carrier offering a $1,000,000 LTCi benefit pool for your clients.

Many carriers start to cap out benefits at $10,000 monthly, with only 5 or 6 years in benefits. Why not offer an alternative solution to those clients concerned about a long, catastrophic claim that may wipe out their assets?

Featuring a large pool for your clients, and one of the longest benefit periods on the market, this carrier gives you the option to provide a million dollar LTCi policy that you’d think could not be affordable – you’d be mistaken.

Now the questions are, what type of clients does this work for and how much does it cost?

$1,000,000 Benefit Bank Premiums

Mr. & Mrs. Age 50 Mr. & Mrs. Age 55 Mr. & Mrs. Age 60
Total LTC Pool $1,000,000 $1,000,000 $1,000,000
Monthly Benefit $10,000 $10,000 $10,000
Benefit Period 8.3 Years 8.3 Years 8.3 Years
Elimination Period 90 Days 90 Days 90 Days
Additional Riders Option to Buy Increased
Benefit After Issue
Option to Buy Increased
Benefit After Issue
Option to Buy Increased
Benefit After Issue
Combined Monthly Premium $351 $429 $573

To learn more, contact your LTCi Sales Rep today.