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.