Voluntary Employee Benefits
Life With Long-Term Care Rider
Life With Long-Term Care Rider*
Long-term care costs can be a huge financial burden for everyone involved.
Combining Permanent Life insurance with Long-Term Care benefits can help protect your employees’ families, and their lifestyles should something happen to your employees.
This can offer significantly more value for little additional cost than when purchased separately.
The coverage can be used for nursing home care, home health care, or adult day care.
Coverage highlights*
- Employees gain lifetime protection they can keep even if they leave your business
- Life insurance up to $100,000 issue
- Living Benefit rider provides benefits payable for “Long-Term Care” type situations up to $200,000
- Double the Life insurance face amount (based on state eligibility)
- Must be unable to perform 2 activities of daily living
- Your employees do not have to be under the care of a “professional”, nor must be confined to a facility
- Employees can access benefits if they are at home being taken care of by a family member
- Portable and renewable, with no medical underwriting at initial offering
¹ Offering is based on state approval. For the most accurate details, please refer to the relevant insurance policy and its coverage terms and conditions, as coverage, exclusions, and conditions vary by policy type, insurer, and jurisdiction.
*COVERAGE DISCLAIMER: These statements do not amend, modify, or supplement any current or future insurance policy. They are not a guarantee of savings or services. All clients and coverages are unique. Your results can and will vary. Coverage and riders may vary based on state. Your eligibility for products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. If there is a discrepancy between information contained herein and your policy, your policy controls and takes precedence. Consult the actual policy or the broker of record through us (or directly) for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you.
*GENERAL INFORMATION DISCLAIMER: Statements on this website regarding insurance policies and coverages and other content provide general information only. There is no intentionally misleading information contained in this website, however, LaborisOne, Inc., provides no warranty as to their accuracy. Information on this website is general information only and is not a quote from us or a broker. We will endeavor to correct or clarify any incorrect information. Any hypertext links to other sites, brokers or vendors are provided as a convenience only. We have no control over those sites, brokers or vendors and cannot, therefore, endorse nor guarantee the accuracy of any information provided by those sites or the services provided by those websites/vendors/brokers. LaborisOne is an independent licensed insurance agent.