Hybrid / Linked-Benefit Life or Annuity with LTC Products

Linked benefit products (often called “Hybrids”) can be an attractive alternative to traditional LTCi — especially for clients with available funds and/or those with a strong preference towards self-insuring. Our portfolio includes hybrid products that combine Long-Term Care coverage with either life insurance coverage or an annuity.

Where It Fits: Clients with few or no concerning health conditions – the very healthy.
  • Ideal for individuals looking to accumulate cash to supplement a retirement fund, create an education fund or prepare for financial emergencies
  • Issue Ages: 0 – 85 (age last birthday)
  • Face Amounts: $100,000 and up
  • Underwriting Classes:
    • Preferred Plus (nontobacco)
    • Preferred (nontobacco, tobacco)
    • Standard Plus (nontobacco)
    • Standard (nontobacco, tobacco)
  • Table Rates: Table 1 (A) to 16 (P)
  • Surrender Charges: First 14 years
  • Monthly Policy Fees:
    • Current = $5 (Guaranteed = $10)
    • Monthly charge per $1,000 of Specified Amount
    • Cost of Insurance for the current month
    • Cost of riders for the current month

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

  • Ideal for Individuals with a long-term death benefit need such as income replacement, wealth transfer or estate planning
  • Issue Ages: 0 – 85 (age last birthday)
  • Face Amounts: $100,000 and up
  • Underwriting Classes:
    • Preferred Plus (nontobacco)
    • Preferred (nontobacco, tobacco)
    • Standard Plus (nontobacco)
    • Standard (nontobacco, tobacco)
  • Table Rates: Table 1 (A) to 16 (P)
  • Surrender Charges: First 14 years
  • Monthly Policy Fees:
    • Current = $5 (Guaranteed = $10)
    • Monthly charge per $1,000 of Specified Amount
    • Cost of Insurance for the current month
    • Cost of riders for the current month

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

  • Issue Ages: 30 – 75 (age last birthday)
  • Underwriting Classes:
    • Nontobacco Single
    • Tobacco Single
    • Nontobacco Couple
    • Tobacco Couple
  • Specified Amount: $60,000 – $500,000
  • Residual Death Benefit: 20% of Specified Amount
  • LTC Benefits:
    • LTC Benefit Periods: 2, 3, 4, 5, 6 or 7 years
      (First 2 years of each benefit period are an acceleration of the Specified Amount)
    • LTC Elimination Period: 90-Calendar Days

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

  • Issue Ages: Single and joint 35 – 80
    Maximum 25-year age difference between unrated joint insureds
  • Monthly Benefit Options: $1,500 – $15,000
  • Benefit Period Options: 2, 3, 4, 5, or 8 years
  • Elimination Period Options: 30, 90, or 180 (1=7)
  • Built-In 5-year Rate Guarantee
  • Premium Payment Options: Lifetime OR 10-Pay
  • Inflation Options:
    • – 1% Compound
    • – 2% Compound
    • – 3% Compound
    • – 5% Compound
    • – No Inflation
    • – Flexible Increase Benefit
  • Couples Discounts: 20% Both; 5% One Insured

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

  • Issue Ages: Single and joint 35 – 80
    Maximum 25-year age difference between unrated joint insureds
  • Monthly Benefit Options: $1,500 – $15,000
  • Benefit Period Options: 2, 3, 4, 5, or 8 years
  • Elimination Period Options: 30, 90, or 180 (1=7)
  • Built-In 5-year Rate Guarantee
  • Premium Payment Options: Lifetime OR 10-Pay
  • Inflation Options:
    • – 1% Compound
    • – 2% Compound
    • – 3% Compound
    • – 5% Compound
    • – No Inflation
    • – Flexible Increase Benefit
  • Couples Discounts: 20% Both; 5% One Insured

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

  • Issue Ages: 18 – 75
  • Face Amount at Issue: $50,000 – $500,000
  • Benefit Period Options: 2, 3, 4, 5, or 8 years
  • Elimination Period Options: 30, 90, or 180 (1=7)
  • Built-In 5-year Rate Guarantee
  • Premium Payment Options: Lifetime OR 10-Pay
  • Inflation Options:
    • – 1% Compound
    • – 2% Compound
    • – 3% Compound
    • – 5% Compound
    • – No Inflation
    • – Flexible Increase Benefit
  • Couples Discounts: 20% Both; 5% One Insured

*Availability & Benefits May Vary by State.  For Agent Use Only — See Carrier Literature for Full Details.

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