Qualification for Long-Term Care Benefits Benefits are payable after requirements are fulfilled:
Balancing Your Benefits with Premium Preservation You have the ability to choose the level of long-term care benefit to meet your needs. You are able to select a multiple of your premium, called a Coverage Ratio, between 100% and a maximum determined by your age and underwriting class. The higher the Coverage Ratio, the higher the long-term care benefit, and the lower the residual Accumulation Value. This chart shows how the Coverage Ratio selected affects the amount of long-term care benefits provided vs. the annuity’s Guaranteed Accumulation Value for someone who purchases Bridge at age 65 with $100,000 of premium.
1. Owner is deemed Chronically Ill 2. A Plan of Care is completed and provided by a licensed health practitioner
Once your Long-Term Care Rider claim is approved, you may: • Receive benefits paid directly to you, not to your long-term care service provider • Receive monthly benefits without contract restrictions, or submitted bills or receipts • Receive care in your home, from providers you know, including family members • Choose licensed, facility-based or customized care To be classified as Chronically Ill, the owner must be certified during the preceding 12 months as • Having the inability to perform at least two of six Activities of Daily Living (ADL) for at least 90 days, or • Requiring substantial supervision due to cognitive impairment
Guaranteed Accumulation Value and LTC Benefit Base at Age 85
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
Wellness means freedom .
$50,000
$0
Long-term Care coverage means security .
100% Coverage Ratio
200% Coverage Ratio
275% Coverage Ratio
Bridge gives you both .
Accumulation Value
LTC Benefit Base
5
ET-BRG-1100A (08-22)
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