How To Turn Idle Assets into LTC Protection
Do your clients have money that could be better used to help them plan ahead for the risk of a future extended health care need?
Consider reallocating a portion of these assets into a linked benefit solution.
- Change their mind. With the Return of Premium Provision, clients can get at least their initial premium back.
- Do not use the LTCi benefits. Beneficiaries get a tax free death benefit.
- Like the idea of instant leverage. Instantly provide your clients approximately 2x their initial premium for a death benefit, and depending on the product, nearly 2x to 6x their initial premium in covered long-term care benefits (amounts will vary due to age and gender).
- Need LTCi. The benefits are tax free.
- Want a tax break. Covered LTCi benefits and life insurance death benefits are income tax free.