Life Secure

[policy doctor]

Looks like there is a new player in the LTC field. The name is Life Secure which is a subsidiary of BCBS of Michigan.

According to the recruiter here is where they are innovative. Client tells you the am't of premium they can afford, and the software spits out the daily benefit based on a 1-2% drawdown from a pool of money. (this reminds me of the old life ins rate books).

Don't know how their rates compare to the competition and sometimes, new companies try this mkt and after a couple years leave.

Just another twist available to you.

 

[maxjlone]

Protecting your family and ensuring their comfort has always been your primary concern and key responsibility. For this you require careful planning and need to secure it with appropriate protection - a necessary cushion to face the unexpected events of life. To ensure that your investments give maximum protection to secure your family's future and their financial independence, we bring to you the Kotak Long Life Secure Plus.Life Secure insurance Company offers a new generation of long term care insurance coverage. The Brighton, Mich.-based company is focused on providing understandable, affordable coverage with high levels of customer service and support. The company's long term care insurance coverage is sold through a network of independent marketing organizations, brokers and agents. lifeSecure is a wholly-owned subsidiary of Blue Cross Blue Shield of Michigan.

Term Life Insurance

 

[Mr_Ed]

I love their concept.
I love the way they have simplified the LTCi buying process and added value to LTCi with their innovative design approach.
However, I've not yet found a situation where their rates were competitive.