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.