Annuity Care is a single-premium deferred annuity with a higher credited rate of interest for qualifying long-term care expenses.
A better way to prepare for long-term care expenses
Can be purchased for a single person or two people with benefits available for both
Premiums can never increase and your benefits cannot change
Because it is built on life insurance, your policy’s death benefit goes to your beneficiaries if you don’t use it for long-term care
Long-term care protection becomes available when you cannot perform two of the following activities of daily living: bathing, dressing, eating, continence, toileting, transferring or if you have cognitive impairment (such as Alzheimer’s disease)
Designed to help you protect your assets by using the safety of whole life insurance. With your one-time premium, you receive a guaranteed amount of life insurance coverage, all of which can be used for qualifying long-term care benefits.
Provides Long-term care benefits in excess of the single premium you pay
If you never use the long-term care or only a portion of it, it will distribute a death benefit to your beneficiaries
The amount of benefits you have is guaranteed
If you decide you no longer want your policy, return it to receive a full return of your single premium (less any prior distributions taken)
If extended long-term care is a concern, lifetime coverage can be purchased at premiums guaranteed never to increase