Long-Term Care Servicessm Rider

Equitable's indexed universal and variable universal life insurance policies, the Long Term Care Servicessm Rider (LTCSR) is designed for clients who need both life insurance protection and a relatively affordable, effective way to pay for potential long term care costs.

Why choose the LTCSR?

  • More comprehensive coverage — Claims can be temporary, with client’s physician certifying that the insured is unable to perform two Activities of Daily Living (ADLs) for a period of at least 90 days or suffers from severe cognitive impairment.1
  • Indemnity claims are simpler, easier, and quicker — No receipts needed, and clients can use the funds the way they want.
  • Help keep pace with rising costs of LTC — Our rider allows Death Benefit Option B, so the LTC benefit can potentially grow with the policy’s cash value.
  • Policy can’t lapse while on LTC claim until the benefit amount is exhausted — Clients don’t have to worry about paying premiums or their policy lapsing while they’re on claim.
  • We don’t collect premiums when we’re paying a claim under the rider. Once we start paying a valid claim, your clients can concentrate on their health, instead of worrying about paying premiums.
  • Clients can be reimbursed for expenses that occurred during the elimination period, once the Elimination Period has been satisfied, we provide an additional optional retroactive payment.2
  • Clients can receive as much as 3% of their benefit each month.3
  • Flexible ownership options — While some companies limit who they’ll pay indemnity benefits to, we don’t. Under our rider we will pay benefits to an owner who is an individual, a business owner or a trust.
  • If your clients don’t use the LTC benefit, it’s not lost. The death benefits that would have been paid out as LTC benefits can be paid out as a life insurance benefit to beneficiaries.

1 60/90 Day Elimination Period: To enhance customer service, the 90-day elimination period may be deemed satisfied by Equitable and its affiliates if the insured provides proof of care from a licensed provider for at least 60 service days (approximately five days per week) within 90 calendar days. In NY, to be eligible for payment of benefits, it must be certified that continuous care will be required for the remainder of the insured person's life.

2 "Retroactive payment" only is available for claims for permanent conditions. During the Elimination Period, we will require proof that Qualified Long-Term Care Services are provided by licensed non-family members. 

3 Subject to age requirements and must elect 1, 2 or 3% on application.

Client materials

Product highlights – flexible options

The optional LTCSR provides a monthly benefit payment for Chronically Ill Insureds to assist with qualified long-term care. The benefit is provided through an acceleration of the policy death benefits.

A current charge for the rider is deducted from the Policy Account Value each month until the policy anniversary nearest the Insured's 100th birthday (age 121 on a guaranteed basis), unless the policy is on claim under the LTCSR. There are other restrictions and limitations on this rider, please review the product specifications for details.

Your clients have the flexibility to tailor the rider to fit their potential long-term care needs.

Accelerate all of some of the policy's death benefit

Death benefit option  Acceleration percentage
 A* 20 - 100%
 B** 100%


* For Death Benefit Option A policies, the Maximum Total Benefit is equal to the current Long-Term Care Specified Amount on the date the LTCSR claim is approved. The policyholder may select an Accelerated Benefit Percentage between 20% and 100%. Once selected, the Acceleration Percentage may not be changed.

** For Death Benefit Option B, the Acceleration Percentage must be 100% and the Maximum Total Benefit is equal to the current Long-Term Care Specified Amount plus the Policy Account Value on the date the LTCSR claim is approved.

Choose the monthly benefit percentage they'll receive

The percentage your clients choose determines their monthly benefit amount. They can choose: 1%, 2% or 3%3

Prospective policyholder

  • Individuals, age 20-75*
  • Need life insurance protection and a way to pay for potential long-term care expenses
  • Hopes to preserve as much of his or her estate as possible
  • Is looking to add flexibility to his or her estate plan
  • Could own a closely held business, with a not or under funded buy-sell agreement 
  • Currently has term life insurance and would like to convert to a permanent policy with LTC coverage
*70 is the maximum age in Florida

Eligibility criteria

Our eligible underwriting classes (which includes substandard classes through Table D), many additional conditions or impairments will be considered for long-term care (LTC) coverage.

  • Anemia
  • Arthritis
  • Type II diabetes
  • Prostrate cancer
  • Sleep apnea
  • Asthma
  • Heat attack
  • Depression


When clients might not be approved

Here are some of the reasons that might preclude eligibility for the LTCSR:

  • Certain illnesses, impairments or conditions relating to morbidity regardless of the mortality risk
  • Substandard underwriting worse than the equivalent of Table D
  • Medical flat extra is on the policy
  • Disability Waiver of Monthly Deductions/Disability Premium Waiver Riders are elected and rated (policy may have
    LTCSR or Disability Waiver of Monthly Deductions/Disability Premium Waiver Riders, but not
  • Disability Waiver of Monthly Deductions or Disability Premium Waiver Rider is elected and is declined for certain

Rider is available with these products

Interested in adding LTCSR to VUL Optimizer® or VUL Legacy® in another state?

 In FL, this rider is called the Long-Term Care Insurance Rider. In CA, this rider is called the Comprehensive Long-Term Care Rider.

Actual terms and conditions of the Long-Term Care Servicessm Rider are contained in Rider form #ICC12-R12-10, R12-10 and state variations. This rider has exclusions and limitations and may not be available in all jurisdictions or may vary.

You must be properly licensed to sell Equitable Financial Life Insurance Company and Equitable Financial Life Insurance Company of America products with the Long-Term Care Servicessm Rider. Depending on the issue state, you may be required to have a health insurance license and satisfy LTC CE requirements in addition to other licensing requirements.

Life insurance products are issued by Equitable Financial Life Insurance Company (New York, NY) or Equitable Financial Life Insurance Company of America and co-distributed by affiliates Equitable Network, LLC (Equitable Network Insurance Agency of California in CA; Equitable Network Insurance Agency of Utah in UT; Equitable Network of Puerto Rico, Inc. in PR) and Equitable Distributors, LLC. For New York state-based (i.e., domiciled) Equitable Advisors Financial Professionals, life insurance products are issued by Equitable Financial Life Insurance Company (New York, NY). All companies are affiliated and directly or indirectly owned by Equitable Holdings, Inc., and do not provide tax or legal advice.

References to Equitable in this web-page represent both Equitable Financial Life Insurance Company and Equitable Financial Life Insurance Company of America, which are affiliated companies. Overall, Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (NY, NY), Equitable Financial Life Insurance Company of America, an AZ stock company with an administrative office located in Charlotte, NC. and Equitable Distributors, LLC.  Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI and TN).

IU-6371598.1 (02/2024) (Exp. 02/2026)