Long Term Care Coverage. A fully guaranteed policy designed to cover the monthly costs of long-term care, should your clients ever need it.
Death Benefit. If long term care is never needed or if only a portion of the specified amount of death benefit is used for long term care, the remainder shall be passed to beneficiaries income tax-free under IRC Section 101(a)(1).
Control of Assets. If a MoneyGuard® Reserve policy is purchased with a single payment, the Return of Premium Rider which allows your clients a return of their money should their circumstances or needs change, will be included at issue. The cost of this rider will be deducted from the policy account value.
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