Evolving to fit the needs of today's clients Long-Term Care Servicessm Rider
A leading authority on life insurance with a long-term care rider
We offer one of the most comprehensive riders available for your clients' needs. Now, with additional enhancements, our rider adds flexibility to certain Equitable VUL products, plus asset protection without the typical tradeoffs.
Our new features include:
Designed with flexibility in mind
If your clients don't need the entire LTC benefit, they still have access to the policy's cash value to supplement their retirement needs. Additionally, any part of the policy's death benefit not accelerated for LTC needs can still be passed along to your clients' beneficiaries.
No limit who can provide care
We don't limit who can provide care. We expanded the language in our contract so that, once a care plan is in place, the insured can receive care from the person they're most comfortable with.
Built for any policy design
With our rider, the LTC benefit available will always match the policy's death benefit if the client chooses, regardless of how complex the case design. The LTC benefit is anchored to the death benefit, so it's easily defined, even if the policy enters corridor or the insured takes withdrawles or changes the death benefit option.
Less time waiting
Our clients spend less time waiting for long-term care benefits. Both temporary and permanent conditions are allowed. We waive the elimination period for permanent claims, and elimination period for temporary claims is only 90 calendar days.
Look how far we've come
Like our brand, our Long-Term Care Servicessm Rider (LTCSR) is now better than ever.
Henry B Hyde founded The Equitable Life Assurance Society, to serve the growing need for financial security in the industrial revolution.
Equitable introduces variable life, turning insurance into a vehicle for investing for the future and retirement.
VHS was introduced in the United States.
LTCSR is introduced, allowing life insurance policyholders to access a portion of their death benefit to pay for long-term care costs.
Netflix introduced streaming services.
We expand the eligibility criteria for its LTCSR, so more people can plan ahead for the rising cost of long-term care.
Equitable unveils its new brand and looks to the future as an independent, U.S.-based company.
We expanded our LTCSR contract language so once a care plan is in place, clients can receive care from a family member, friend, or medical professional.
Our death benefit and LTC pool grow together, so clients taking distributions don’t deplete their LTC benefit pool.
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To learn more
Call our sales desk (877) 659-6973 or visit Equitable.com/LTC