Annuity With Long Term Care Benefits

There are two types of annuities with long term care benefits. One requires health underwriting and one does not. More companies are going to be offering this as an alternative to traditional long term care insurance. Not all products are available in all states.

Are you looking for a way to leverage your investments to include protection from the risk of expensive long term care?

Have you been turned down (declined) for long term care insurance or does you health prevent you from applying for long term care insurance?

If you answered yes may want to consider an alternative to spending down your own nest egg to pay for long term care. This is a fixed annuity with a long term care rider to cover long term care expenses.

You can have access to long term care benefits without depleting your principal, avoid invasive medical questions, and pay for in-home care. There is nothing more flexible and feature rich that will provide you with financial security and long term care peace of mind as our fixed annuity with extended care protection.

Q: But aren't annuities risky?
A: Not fixed annuities, they are similar to your bank's CDs, and no one has lost money on a fixed annuity. In fact they may pay a higher rate than your CD and Money Market account.

Q: How does this work?
A: Most clients simply reposition money from an existing IRA/401, CD, Money Market or Savings Account. When you need long term care you will have 36 months of long term care benefits available. The long term care money is separate from your annuity money, your annuity just keeps on growing.

Q: What happens to the annuity?
A: It just keeps growing. You can take up to 10% out per year without any surrender fee, after the deferral period that you can take as much as you want out, for any reason, you could even pay for long term care expenses if your care extended past the 36 months that the rider covers. If you should die at any time the annuity money (less any withdraws) goes to your beneficiaries.

Q: Can I use my IRA money or one of my old 401k's to fund the annuity?
A: Yes, it would be simply a rollover to a secure account that has the long term care rider. You can use either "qualified" or "non-qualified" money, or both. You can even add to the annuity later if you wanted to.

Q: Can the owner of the annuity and the annuitant be a different person?
A: Yes, in fact boomers are buying this for their parents who are either uninsurable or long term care insurance is just too expensive because of their parents age.

Q: How much is the long term care benefit?
A: It depends on how much you put in the annuity and your age when you start the annuity.

Q: Is this available to anyone, everywhere?
A: The rider is available for those who have not needed or received care service within one year prior to the starting date. Not all products are available in all states. Check with us about availablilty.

Q: How do I find out if this is right for me?
A: Thousands of Americans just like you have decided to protect their nest egg and have long term care benefits with our annuity. Call us, email us, or use our online form and one of our licensed certified specialists will answer all your questions.

The BEST investment is one that you do not have to think about.