A Breakthrough In LTC Planning: Nationwide’s CareMatters® Annuity

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Nationwide’s new CareMatters® Annuity is one of the most significant LTC innovations we’ve seen in recent years. It blends a guaranteed fixed annuity chassis with a cash indemnity LTC benefit and a streamlined underwriting process that opens the door for clients who have struggled to get coverage elsewhere, all while retaining the same value proposition clients and advisors have come to expect in the Hybrid LTC space.

A recently placed case perfectly illustrates the value.

Case Snapshot: Declined Everywhere Else — Approved Here

A 64-year-old male client with notable medical issues had been declined by all traditional and asset-based LTC carriers and we expected another decline with Nationwide.

Instead, Nationwide approved him at Preferred—and did it in just 3 days, with no phone interview and no medical records.

Guaranteed Benefits Generated from $140,000 Deposit

Day 1

  • Monthly Benefit of $6,000
  • Total LTC Benefit of $421,500

By Age 85 (typical claim age)

  • Monthly Tax-Free Benefit of $10,650
  • Total LTC Benefit of $767,000
  • Backup Death Benefit of $255,600 for those never needing Long Term Care
Why Advisors Are Paying Attention
  • Cash Indemnity Benefits. Full monthly amount paid with no receipts—usable for family, or informal caregivers.
  • 0-Day Elimination Period. Benefits begin immediately upon qualification.
  • Guaranteed Benefits & Charges. LTC charges never increase; benefits never decrease unless withdrawals occur nor are the benefits dependent on product or index performance.
  • International Coverage. Clients can receive 100% of benefits even while living abroad.
  • Streamlined, Forgiving Underwriting. This product opens doors for clients who may have significant health concerns and would struggle to qualify for coverage with a Traditional or Hybrid Carrier.
Final Thoughts

Nationwide has created an LTC solution that is accessible, high-leverage, and remarkably easy to place. For clients with medical history challenges—or those wanting simple, flexible, guaranteed LTC benefits—the CareMatters® Annuity stands out as one of the most compelling tools available today.

If you’d like help designing a case or reviewing an underwriting scenario, we are here to support you.