Annuity Care is a single premium deferred annuity that provides access to its cash value for qualifying long-term care expenses with a higher credited interest rate on funds withdrawn for LTC purposes. With the addition of Annuity Care Plus, up to lifetime benefits can be obtained with premiums guaranteed never to increase. The Pension Protection Act allows Annuity Care to offer significant tax advantages, including income tax-free withdrawals for long-term care expenses.
Higher interest rate credited to funds withdrawn for qualifying LTC expenses (paid monthly). See outlines of coverage and illustrations for complete long-term care coverage details.
Optional lifetime extension on LTC benefits with guaranteed premiums
Underwriting generally completed within 72 business hours of receipt of application
Pension Protection Act compliant
- Single premium deferred annuity