Legacy Care®
Legacy Care®
single premium deferred annuity issued by The State Life Insurance Company
Clients can receive a competitive interest rate, five year surrender schedule, bailout provision, issue age up to 99 and options should long-term care become a future need.
The Legacy Care annuity provides tax-deferred accumulation at a competitive interest rate, a high issue age, a bailout provision and options should long-term care become a need. Legacy Care is designed to help create and protect the legacy we all wish to leave.
Features
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Deferred annuity designed for the senior market
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Interest Rate Bailout provision offers protection from significant decreases in future renewal rates
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A no-cost benefit increase provision can transform Legacy Care into a funding source for ImmediateCare, should LTC become a need (check state availability)
Policy structure
- Single-premium deferred annuity
Issue ages
- 0–99
Primary market
- Ages 70–95
Funds accepted
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CDs
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IRAs
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Other qualified funds
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Mutual funds
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Annuities
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Savings and money markets
