term2u
Super Genius
- 101
Hi there,
I have a client who is looking for a hybrid life/LTC policy that her financial advisor has recommended. She is looking to dump in $100k (lump sum), which would provide LTC benefits, along with a permanent death benefit as well. She's in great health and she should easily be able to qualify for Preferred rates.
I have already gotten a quote for Genworth's TLC (Total Living Coverage) and have included all of the specs below. Please let me know if someone can recommend any other carriers that I should be looking at, as I want to make sure that I'm getting her the best value. I've also heard that Lincoln Money Guard is probably another good option and will be contacting them today, but any help would be greatly appreciated.
Thanks!
Prepared for: Ms. Valued Client
Initial Premium: $100,000.00
Initial Death Benefit: $209,477
Initial LTCI Lifetime Maximum Benefit: $440,235
Initial Specified Amount: $146,745
Sex/Age: Female / 68
Premium Class:
Life: Preferred No Nicotine Use
Long Term Care Riders: 15% Preferred Discount
Riders Included:
Guaranteed Minimum Benefit Rider (GMBR)
Accelerated Benefit Rider for Long Term Care Services (ABR) - 24 months
Extension of Benefits Rider for Long Term Care Services (EBR) - 48 months
Return of Premium Rider (ROP)
I have a client who is looking for a hybrid life/LTC policy that her financial advisor has recommended. She is looking to dump in $100k (lump sum), which would provide LTC benefits, along with a permanent death benefit as well. She's in great health and she should easily be able to qualify for Preferred rates.
I have already gotten a quote for Genworth's TLC (Total Living Coverage) and have included all of the specs below. Please let me know if someone can recommend any other carriers that I should be looking at, as I want to make sure that I'm getting her the best value. I've also heard that Lincoln Money Guard is probably another good option and will be contacting them today, but any help would be greatly appreciated.
Thanks!
Prepared for: Ms. Valued Client
Initial Premium: $100,000.00
Initial Death Benefit: $209,477
Initial LTCI Lifetime Maximum Benefit: $440,235
Initial Specified Amount: $146,745
Sex/Age: Female / 68
Premium Class:
Life: Preferred No Nicotine Use
Long Term Care Riders: 15% Preferred Discount
Riders Included:
Guaranteed Minimum Benefit Rider (GMBR)
Accelerated Benefit Rider for Long Term Care Services (ABR) - 24 months
Extension of Benefits Rider for Long Term Care Services (EBR) - 48 months
Return of Premium Rider (ROP)