Asset-Care photo


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

Clients receive a guaranteed amount of life insurance, all of which can be used for qualifying long-term care expenses. In addition, the premium is credited with a guaranteed interest rate and the cash value increases each month.

Asset-Care is whole life insurance that allows access to 100% of its death benefit for qualifying long-term care expenses (paid monthly). Clients can help protect their assets from the risk of long-term care expenses while at the same time receiving guaranteed cash value growth and death benefits. Even if care is never needed, Asset-Care provides value. It can be purchased with a one-time single premium or annual premiums.



  • 100% of death benefit available for qualifying long-term care expenses (LTC benefits paid monthly). (See outlines of coverage and illustrations for complete long-term care coverage details.)
  • Patented joint-life insurance option provides benefits for both insureds with a second-to-die death benefit
  • Optional noncancellable lifetime LTC coverage
  • Guaranteed return of premium (Asset-Care I, II and III)

Policy structure

  • Asset-Care I: Single-premium whole life insurance

  • Asset-Care II: Non-qualified annuity and 20-pay whole life insurance

  • Asset-Care III: Individual retirement annuity (IRA) and 20-pay whole life insurance

  • Asset-Care IV: Limited (10–20 pay) and continuous premium whole life insurance

Available Options

  • Asset-Care Plus rider can provide lifetime extension of LTC benefits with guaranteed premiums

  • Inflation protection rider can automatically increase base policy LTC benefits

Issue ages

  • 40–80 single and joint life (single premium); 20–80 (ongoing premium)

Primary market

  • Ages 50–75

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.