Long-Term Care

A successful retirement plan accounts for all variables.

It isn’t only about making sure that you have enough to retire on. It is also about making sure that you have enough to live on and that there is enough set aside for life’s unexpected events. Including Long-Term Care Insurance in your clients’ retirement plans is the ideal way to protect your clients from financial setbacks caused from unexpected health complications during retirement.

Champion Agency Offers a wide array of Long-Term Care Solutions, so that you’ll always have the ideal solution, no matter who your client is.

Carriers

Combination Life or Annuity with LTC

A unique approach to Long-Term Care coverage. It combines the safety and security of traditional life and annuity products with Long-Term Care benefits.

One America Solutions for LTC

Using proporietary Whole Life and Annuity contracts, One America offers solutions that depend on what asset clients would use to spend down first.

Mutual of Omaha’s MutualCare Solutions
Portfolio consists of individual products: MutualCare Secure Solution and Mutual Care Custom Solution

National Guardian Life’s EssentialLTC

These products are ideal for clients who seek a traditional LTCi solution, but also want the ability to fully-customize their coverage.
If you haven’t discussed Long-Term Care with your clients, these products provide a great way to initiate that conversation.  Sales Tip: Ask your client how much they have in their budget before designing a plan.

Securian SecureCare III

An asset based Long-Term Care Whole Life product that is perfect for clients who want to maintain liquidity. This product is a Indemnity design. It comes in both a single-pay and 5, 7, 10, and 15 pay designs.

Nationwide CareMatters II

An asset based Long-Term Care  Life product that is perfect for clients who want to maintain liquidity. This product provides an Indemnity payouts for single or joint lives (Nationwide CareMatters Together). It comes in both a single-pay and 5, 7, 10, and 15 pay designs.

Pacific Life

Three indemnity riders are available on thier IUL life products.  Premier Living Benefits Rider 2 is a no upfront cost chroinic illness rider.  Premier LTC Rider requires a life and health license to sell.  A formal plan of care is required that shows client recieving care.  Family members are covered as is international care.  Premier Chronic Illness Rider does not require a health license nor a plan of care. 

Lincoln Financial Group

MoneyGuard Fixed Advantage is a universal life insurance policy with long-term care (LTC) rider for qualified care expenses. The policy is a reimbursement design. Choice of basic or vested return of premium options.

Equitrust The Bridge Annuity

This is a guaranteed issue product.  Use a digital underwriting process and clients can get one of three underwriting classes.  Secure, Standard, or Preferred. If client answers YES to any of the 3 questions they will get the Secure class.  If all answers are no, then an online video call will be conducted. 1035 exchanges from existing life or annuity contracts can be a great option.