Did You Know?
According to a 2017 report from the U.S. Department of Health and Human Services, almost 70 percent of people over age 65 will require long-term care services — for an average of three years. And, 20 percent of those individuals will need that care for longer than five years.
Long-term care services can quickly erode a client’s assets. United of Omaha just introduced a new Long-Term Care Rider to help your clients plan ahead — and protect their estate.
- Available on both Income AdvantageSM IUL and Life Protection AdvantageSM IUL
- Provides benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care
- 1%, 2%, or 4% maximum monthly benefits
- Maximum total benefits up to 100% of the initial specified death benefit1
- 90-calendar-day elimination period that only needs to be satisfied once in the insured’s lifetime
And, one of the things that differentiates United of Omaha from the competition — if you find out the client doesn’t qualify for the LTC Rider coverage, the policy will automatically be issued with the Chronic Illness Rider, at no additional cost.
Have questions or need a quote? Contact us.
1. The maximum LTC Rider benefit amount is $2 million for the 1 and 2 percent monthly payout percentage and $1.25 million for the 4 percent monthly payout percentage.
E3368
Help Clients Plan Ahead with the New Long-Term Care Rider
#goldencareagent
#mutualofomaha
