Agent Guide | Short Term Care
ManhattanLife
Base Plan Highlights & Optional Benefits One of our main goals when creating the Short-Term Care offering was to provide benefit flexibility, giving insureds the ability to create a plan tailored to their specific needs. This allows for a multitude of base benefit levels, elimination periods and optional benefits.
Availability Issue Age
45 - 89
Underwriting Policy Type
Simplified Issue
Guaranteed Renewable
Base Plan Highlights
Facility Care
Facility Care Daily Benefit
$50 - $400**
Elimination Period
0, 20, 60, or 90 days
Benefit Period
90, 180, 270 or 360 days
Lifetime Maximum Benefit Period
2x Benefit Period
Bed Reservation Benefit
10 days (Lifetime Max 20 days) Built-in Benefits
Prescription Drug Benefit (does not apply in VA)
$10 Generic / $25 Brand $300 Policy Year Max
Waives Elimination Period on Facility Care and/or Home Health Care (if coverage applies) to receive 50% level of accumulated Daily Benefit — perfect for care provided by a spouse, family or friends Restores Facility Care or Home Health Care benefits after the 180 days out of care need is satisfied, up to lifetime max benefit period
Fast-50 ™
Restoration of Benefits
*$25 One-time Policy Fee Applies **The Accrued Daily Benefit available to the policyholder starts at 50% of the elected Daily Benefit at the time of purchase. The Accrued Daily Benefit then increases each policy anniversary date per the chart example on the next page.
Optional Benefits
Home Health Care
Home Health Care Daily Benefit
$50 - $300
Elimination Period
0, 20, 60, or 90 days
Benefit Period
90, 180, 270 or 360 days
Lifetime Maximum Benefit Period
2x Benefit Period Simple Inflation Benefit
If chosen, Simple Inflation applies to Facility Care as well as Home Health Care, if the Home Health Care Rider is also elected Hospital Indemnity
5% Simple Inflation ★
Daily Benefit Benefit Period
$50 - $300
3, 6 or 20 days
Lifetime Maximum Benefit Period
180 days
See policy for details and definitions. ★In Kentucky, the optional Inflation Rider is 3% compound inflation.
AGT-STC 1025
6
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