Annuity Care®

Annuity Care photo

Annuity Care®

annuity with LTC benefits issued and underwritten by The State Life Insurance Company

Clients can access their cash value for qualifying long-term care expenses on a tax-advantaged basis. In addition, extended long-term care benefits can be purchased with guaranteed premiums.

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provides access to its cash value for qualifying long-term care expenses with a higher credited interest rate on funds withdrawn for LTC purposes.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.



Policy structure

  • Single premium deferred annuity

Available Options

  • Annuity Care Plus Continuation of Benefits for Long-Term Care option

  • Eligible person option allows spouse to utilize long-term care provisions

Issue ages

  • 50–85

Primary market

  • Ages 70–85

Funds accepted

  • CDs

  • IRAs

  • Other qualified funds

  • Mutual funds

  • Annuities

  • Savings and money markets

Please select a channel before proceeding.

  Financial Institution

Producers who work specifically in a bank or credit union.
Producers who are independent or affiliated with a marketing organization, wirehouse, or non-financial institution broker/dealer.