21. If you buy inflation coverage, what daily benefit would you receive for $ $ Nursing home care: 5 years from now? $ $ • 10 years from now? $ $ • Assisted living facility care: 5 years from now? • What other benefits does the policy cover? 10 years from now? • Home health care: 23. Is there a waiver of premium benefit? (Refer to 5 years from now? • page 23) If yes, 10 years from now? • How long do you have to be in a nursing home • before it begins? 22. If you buy inflation coverage, what will your Does the waiver when you receive home care? • premium be: 5 from now? • 24. Does the policy have a nonforfeiture benefit? If 10 years from now? • yes, what kind? (Refer to page 23) 15 years from now? • 25. Does the policy have a return of premium benefit? Policy 1 Policy 2 (Refer to page 24) 26. Does the policy have a death benefit? If yes, are months months there any restrictions before the benefit is paid? (Refer to page 23) 27. Will the policy cover one person or two? months months Tax-qualified status 28. Is the policy tax-qualified? (Refer to page 13) yes/no yes/no Partnership Policy yes/no yes/no 29. Is the policy tax-qualified? (Refer to page 11 ) yes/no yes/no What does the policy cost? (Refer to page 11) 30. What is the premium for the basic coverage? each month • yes/no yes/no each year • 31. What is the premium if the policy covers home health care? each month • each year • $ $ 32. What is the premium if the policy covers an $ $ assisted living facility? each month • $ $ each year • $ $ 33. What is the premium if the policy has inflation $ $ coverage? $ $ each • each year •
21. If you buy inflation coverage, what daily benefit would you receive for Nursing home care: • 5 years from now? • 10 years from now? Assisted living facility care: • 5 years from now? • 10 years from now? Home health care: • 5 years from now? • 10 years from now? 22. If you buy inflation coverage, what will your premium be: • 5 from now? • 10 years from now? • 15 years from now? Policy 1 Policy 2 months months months months yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ What other benefits does the policy cover? 23. Is there a waiver of premium benefit? (Refer to page 23) If yes, • How long do you have to be in a nursing home before it begins? • Does the waiver when you receive home care? 24. Does the policy have a nonforfeiture benefit? If yes, what kind? (Refer to page 23) 25. Does the policy have a return of premium benefit? (Refer to page 24) 26. Does the policy have a death benefit? If yes, are there any restrictions before the benefit is paid? (Refer to page 23) 27. Will the policy cover one person or two? Tax-qualified status 28. Is the policy tax-qualified? (Refer to page 13) Partnership Policy 29. Is the policy tax-qualified? (Refer to page 11 ) What does the policy cost? (Refer to page 11) 30. What is the premium for the basic coverage? • each month • each year 31. What is the premium if the policy covers home health care? • each month • each year 32. What is the premium if the policy covers an assisted living facility? • each month • each year 33. What is the premium if the policy has inflation coverage? • each • each year
cmte_b_ltc_shop_wg_180531_ltc_guide_from_180604.docx