At any point in your life, you may need long-term care services, which could cost hundreds of dollars per day. Whole Life Events includes a long-term care (LTC) benefit that can help pay for these services at any age. This benefit remains at the same level throughout your life, so the full amount is always available when you need it most.
One-Time Guarantee Issue - employees enrolling during their initial enrollment period and within their guarantee issue limits are guaranteed a policy.
Whole Life (WL) Insurance - Provides permanent life insurance protection with rates that do not change as you age and builds cash value.
Long Term Care (LTC) Protection (Included) - Provides a monthly LTC benefit equal to 4% of your death benefit, i.e., $100,000 WL policy will pay a $4,000 monthly LTC benefit for up to 25 months, $100,000 total LTC benefits. Policy includes extension of benefits, if your LTC need exceeds the initial 25 months, this policy will pay an additional 25 months, if you are still on claim.
Cash Value - Builds cash value, a helpful safety net.
Death Benefit Restoration (Included) - As the monthly LTC benefit is paid out, the death benefit is restored to its original value, ensuring your beneficiary receives the full value of the life insurance proceeds.
Benefit for Terminal Illness - Use 75% of your death benefit when life expectancy is 24 months or less to help manage costs if you’re diagnosed with a terminal illness.
Permanent and Portable - Take this policy with you when you leave employment or retire at the same cost and same benefits! Policy is guaranteed to, and matures at age 121.
