Bridge

LTC coverage is guaranteed not to lapse and there are no ongoing premium payments. LTC Benefit Base grows at 3% annually for up to 20 years or time of claim, whichever comes first. The LTC benefit amount is determined at time of claim and paid monthly for 60 months until the Benefit Base is zero – even if the Accumulation Value is depleted (assuming no withdrawals).

All clients are approved for Bridge LTC benefits if they pass annuity suitability requirements. Underwriting is optional. Clients who bypass underwriting receive Secure (the most conservative) underwriting class. However, clients who participate in underwriting may receive a more favorable rate class of Standard or Preferred, which results in more premium leverage, meaning they receive more LTC benefits for their money. No medical records are required.  

Many applicants receive an underwriting decision right away based on answers to five health questions and automated risk review. Depending on the outcome of the automated risk review, some clients will also need to complete a live 30-minute video underwriting assessment.  

LTC benefits are tax-free when used for qualified LTC expenses, subject to the daily IRS maximum. Payments are indemnity-based, meaning no receipts are required, and monthly payments begin once your client qualifies for benefits and the claim is approved. Annual certification is required to continue benefit payments. Your client may choose to stop benefit payments to preserve underlying annuity value and can restart based on need.

The robust, science-based NeverStop Health Coaching & Rewards Program, provided in partnership with Assured Allies, offers a personalized wellness plan based on the science of aging, along with support from a dedicated coach who provides guidance and accountability. Participation can help clients potentially reduce LTC expenses, but also earn Wellness Credits to increase LTC coverage. Member perks include resources, offers and discounts.