Product Design

Product design is the foundation of a successful LTCI program. Forward thinking features and benefits allow our programs to stand out from the competition. LifeCare works with the client company to custom design a product with their specific marketing needs in mind. We pioneered many of the best product features available in the marketplace today including:

• Joint insured policy
• Joint Waiver of Premium
• Return of Premium nonforfeiture
• Limited pay policy design
• Guaranteed assistance care
• Level premium CPI inflation
• Step rate COLA
• Cash Surrender rider
• Non-level premium structures
• Creative compensation programs
• Employer group and association discounts
• Dual pool product design
• Mix and Match product design
• Age nearest birthday pricing