Annuities

Living Care® Annuity

Combines a deferred fixed rate annuity with built-in long-term care benefits

  • Help protect retirement assets against the risk of long-term care costs
  • Provides a guaranteed rate of interest and tax-deferred growth
  • Allows you to reposition a portion of your assets to provide long-term care insurance protection
  • Can provide up to three times the annuity value, at time of first claim, in long-term care benefits if you need them

For a free consultation about annuities, find an agent.

Who needs this?

People that are planning for retirement who:

  • Want to help protect their retirement assets
  • Understand the value of long-term care insurance, but are reluctant to pay premiums for a policy they may not use

Product Benefits

Provides benefits if you need long-term care:

  • Receive up to three times the annuity value, at time of first claim, in long-term care benefits
  • Help preserve your overall retirement assets by using this portion of your money to pay for at least six years of long-term care
  • Help protect your spouse and family from the emotional, physical and financial toll of caregiving
  • Help ensure your choice of care options

Provides benefits if you don’t need long-term care:

  • Earn a guaranteed rate of interest on your savings
  • Take advantage of tax-deferred growth
  • Access your principal through partial withdrawals or lifetime income options
  • Provide a death benefit to your beneficiaries that’s equal to the annuity value at the time of death
  • Avoid probate of these funds
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