Whole Life Insurance with Long-Term Care

Whole Life Insurance with Long-Term Care is one policy with two benefits.

While the Whole Life portion of the policy provides a sum of money to a beneficiary if you die, there is also a Long-Term Care feature of the policy that pays for services to care for you when you can no longer perform activities of daily living on your own.


Whole Life Insurance


Group Whole Life Insurance not only provides a death benefit to the designated beneficiary, if the insured passes away, but also builds cash value the longer the policy coverage continues and premiums are paid. Term Life insurance only provides coverage for a certain time period and only protects your family should you pass away within that period. 


Group Whole Life Insurance in addition to Term Life Insurance can provide wraparound coverage, helping to protect yourself and your loved ones throughout the various stages of life.

Features:

  • Guarantee Level Premiums: Affordable rates are locked in and are guaranteed for the life of enrolled coverage.

  • Accelerated Death Benefit for Terminal Illness or Condition: If the insured is certified by a physician as terminally ill as defined by the policy, they can receive up to 75% of the certificate face amount.


  • Restoration of Benefits: This feature replenishes the death benefit amount to the level it was at the time the Accelerated Death Benefit for Long-Term Care claim was submitted.


  • Accumulated Cash Value: The longer the policy coverage continues, and premiums are paid.

  • Portable Coverage: Coverage can continue if the insured changes jobs or retires.

Group Whole Life with Long Term Care Video