Fixed annuities

How does long-term
care funding work?

With long-term care funding, your premiums are set when your policy is issued and will never increase. As long as your premiums are paid, your policy provides several benefits.

 Flexibility based on your needs

  • If you need long-term care, your policy provides income tax-free reimbursements for qualified long-term care expenses. There’s no deductible or waiting period.
  • If you don’t need long-term care, your policy provides a tax-free death benefit. Your beneficiaries receive a legacy, so you can take care of your children, grandchildren or other loved ones.
  • If you change your mind and decide you don’t need this coverage, you can maximize your long-term care benefits or premiums.

Calculator red

Are you prepared for the costs of long-term care?
Use this calculator