Asset Based Long Term Care
Alternative options for long term care
Help your clients prepare for potential long-term care (LTC) expenses by offering alternatives to traditional LTC insurance. With asset- based long term care, you can put your clients’ assets to work — using a life insurance policy or an annuity — and provide long-term care benefits. Clients can use the LTC benefit if they need it or leave the death benefit or accumulated value as part of their financial legacy.

Initiating the benefit conversation
Pelorus Financial Group offers you a suite of asset-based long-term care solutions for your clients. With our products and solutions your clients can live a long life with the security of having an LTC benefit to cover care if they need it, or leave a financial legacy if they don’t.
Example:
- A 60-year-old nonsmoking woman in good health pays a $100,000 premium for a policy to provide up to six years of long-term care benefits.
- If she never needs long-term care, the policy pays a $166,766 death benefit to her beneficiary.
- If she needs long-term care, the policy pays $500,298 for qualified long-term care expenses.
- Her maximum available benefit is $83,383 a year for six years.