Traditional Long Term Care Insurance

• A full application and phone interview with cognitive screening is required to qualify. Additional medicals could be required.

• Provides a tax- free monthly benefit if unable to perform 2 out of 6 activities of daily living (ADL) or suffer a cognitive impairment requiring constant supervision (referred to as dependency).

• Option to choose a benefit period of 2,5 years or lifetime.

• Choice of 90 or 180 day waiting period before benefits are payable.

• Pays a benefit regardless of whether care is received in a facility or in the home.

• No need to submit receipts while on claim.

• Premiums are based on age when the policy is taken out.

• Premiums are payable for life. You can also select a 25 year payment period, where no further payment is required after 25 years and the policy remains in force for life.

• Premiums are guaranteed for the first 5 years. Thereafter, the premium can change but only if applied to all policies within the class.

• Premiums are waived if on claim.

• Ability to add Return of Premium at Death and a Cost of Living rider.

For more information, please contact our office at 1-888-347-2437 or terry@zavitzinsurance.com