Missouri: Additional LTCi benefit riders approved for Partnership
For financial advisors licensed in Missouri
Since the launch of Thrivent’s long-term care insurance (LTCi) product, we’ve been working with many state regulators to pursue Partnership eligibility for our increase benefit riders.
Missouri has approved Thrivent’s 1% and 2% Annual Increase Benefit (AIB) riders as Partnership qualified for ages 61 to 75, effective Aug. 18, 2021.
Thrivent will apply Partnership status to all Missouri LTCi contracts that currently have the 1% and 2% AIB riders for ages 61 to 75.
Any contract holders whose contracts were issued with the 1% or 2% AIB riders prior to the implementation date have been notified, along with their advisors, and their contracts are now Partnership Qualified.
Each state has unique Partnership eligibility requirements. For details, refer to the State Specific Partnership Requirements document.
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