Page 8 - MI New Hire webinar
P. 8
LONG TERM
CARE
Group pricing also available for persons related to you including:
Spouses or domestic partners In-Laws
Step Relatives
Parents
Grand-Parents Adult Siblings Adult Children
Adult Grand-Children
Subject to approved Evidence of Insurability (contact our office for details)
STAFF, AGENTS, & FAMILIES // GUARANTEE ISSUE FOR NEWLY HIRED AGENTS AND STAFF AND AGENTS CELEBRATING THEIR 25TH YEAR
Protect what you’ve worked your whole life to save by putting a Long Term Care plan into place.
Long Term Care is not medical care but rather assistance with the basic personal tasks of everyday life, such as bathing, dressing and eating. That assistance comes at high price today. Plan ahead!
MONTHLY FACILITY BENEFIT
BENEFIT DURATION
LONG TERM CARE/
ASSISTED LIVING FACILITY %
PROFESSIONAL HOME AND COMMUNITY CARE %
5% COMPOUND INFLATION PROTECTION
GUARANTEE ISSUE LIMIT PORTABILITY
LONG TERM CARE
PLAN 1
$1,000-$9,000
2 YEAR, 6 YEAR OR LIFETIME
100%
50%
NO
PLAN 2
$1,000-$9,000
2 YEAR, 6 YEAR OR LIFETIME
100%
100%
NO
PLAN 3
$1,000-$9,000
2 YEAR, 6 YEAR OR LIFETIME
100%
50%
YES
PLAN 4
$1,000-$9,000
2 YEAR, 6 YEAR OR LIFETIME
100%
100%
YES
$648,000 POOL OF GUARANTEE ISSUE LONG TERM CARE DOLLARS
YES - KEEP THE SAME PLAN AT THE SAME RATE