Lincoln MoneyGuard Reserve Plus – Combination Life Long Term Care Insurance

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Lincoln MoneyGuard® Reserve Plus

Paying for long-term care A smarter alternative to self-insuring

The facts about long-term care

Lincoln understands how you feel about the issues
– long-term care survey results

What to know about self-insuring

A smarter alternative to self-insuring

Case studies

70% of people over age 65 will
require long-term care

National average LTC costs in 2010

Assisted living: $3,369 per month; $40,428 per year

Nursing Home: Semiprivate room: $5,931 per month; $71,175 per year

Nursing Home: Private room: $6,570 per month; $78,840 per year

Home health aide: $20.27 per hour

Lincoln Financial Life Stages Survey:
Long-Term Care

Survey of a segment of the population

More than 1,000 individuals like you

Ages 40 to 70

$100K household income or assets

Survey results

People know the long-term care risks

They are not aware of the available funding options

Some think that self-insuring is sufficient

– Cash or other assets in their portfolios are set aside
to cover future long-term care costs

75% of people will use savings
to pay for long-term care*

Long-term care costs could exceed $60,000 per year

How loved ones paid for the cost of
their own long-term care

56% Used savings

32% Used money from loved ones, family or friends

18% Sold their homes

4% Declared bankruptcy

Why not purchase a traditional
long-term care product?

“It’s expensive”

“It’s a hassle”

“Rate increases”

“Use it or lose it”

Other key statistics:

26% Fear they will be a burden to their families

36% With assets of less than $100,000, fear they will be a burden to their families

39% Are confident they have planned for the costs of long-term care

55% Over 65 who have planned for
the cost of long-term care say they feel more confident generally

Some individuals have assets and investments, but see long-term care as just another potential expense.

By self-insuring they have

-Control over their assets

-No ongoing premium costs

-Leftover assets for their heirs and
beneficiaries if they don’t need care

Challenge: Whar if it isn’t enough?

Costs vary, and can far exceed expectations

The market doesn’t care when you need LTC

Stress, impact spousal income, family dynamics

Advantages

Asset control

More for your long-term care dollars

Benefits whether or not you need long-term care

$100,000 purchase

CD      Lincoln MoneyGuard®
Reserve Plus policy

Control            Control

No premiums   No additional premiums

Assets for children      Assets for children

Will this be enough to pay for her long-term care expenses?             LTC benefits worth multiple times her premium payment

Consider buying a Lincoln MoneyGuard® Reserve Plus policy with a portion of your cash reserves.
Your policy remains an asset in your portfolio, and it offers you:

A money back guarantee.

At any time, you can request a return of premium, upon full surrender of the policy. The amount received will be adjusted for any benefits paid and any loans and cash withdrawals, and it may have tax implications. The money back guarantee is included in the policy cost through the Enhanced Surrender Value Endorsement, which is available at issue on all single premium policies and flexible premium policies for ages 35 – 65. See Endorsement for complete terms and conditions.

OR

An income tax-free death benefit. When you die, your policy pays an income tax-free death benefit to your beneficiaries.

OR

Long-term care benefits. If you need long-term care, your policy can provide income tax-free reimbursements for qualified long-term care expenses.

The policy is an asset in your portfolio.

You get more for your LTC dollars.

You receive benefits whether or not
you need long-term care.

You have a money back guarantee.

No deductible or elimination period

Premiums never increase

Tax advantages

Choice of care setting

International benefits

Jeffrey and Anne
“We want to protect our retirement income.”

Gloria “I’d like to get more for my long-term care dollars.”

Joyce “I wish I’d prepared for long-term care expenses earlier.”

Dan “I’d like to plan ahead to keep pace with rising long-term care costs.”

Nancy “I want to protect my portfolio even if I need long-term care.”

Hypothetical case study:
Protecting retirement income

Jeffrey, age 70 and Anne, age 60, healthy, nonsmokers

Financially secure because of Jeffrey’s retirement income

$150,000 set aside for LTC

Concern: Jeffrey wants to help protect Anne’s retirement
income should he need long-term care.

Recommendation: Jeffrey purchases a $150,000 single premium policy with
a two-year Convalescent Care Benefits Rider (CCBR)
and a four-year Extension of Benefits Rider (EOBR)

Hypothetical case study:
Getting more for the LTC dollar

Gloria, age 62, healthy, nonsmoker

$7 million retirement portfolio

Leverages $250,000 for long-term care

Concern: Gloria wants to maintain her lifestyle, leave money to
her beneficiaries, and establish a scholarship

Recommendation: Gloria purchases a $250,000 single premium policy with
a two-year Convalescent Care Benefits Rider (CCBR)
and a four-year Extension of Benefits Rider (EOBR)

Hypothetical case study:
Having no deductible/elimination period

Joyce, age 76, healthy, nonsmoker

Sufficient assets and retirement income

Leverages $100,000 for long-term care

Concern: Joyce wishes she had planned earlier.
She’s concerned she may need care due
to a family history of Alzheimer’s disease

Recommendation: Joyce purchases a $100,000 single premium policy with
a three-year Convalescent Care Benefits Rider (CCBR)
and a four-year Extension of Benefits Rider (EOBR)

Hypothetical case study:
Planning ahead to keep up with inflation

Dan, age 50, healthy, nonsmoker

Financially secure

Leverages $100,000 for long-term care

Concern: Dan wants to protect his children from

the stress of managing his LTC expenses.

Recommendation: Dan purchases a $100,000 single premium policy with
a two-year Convalescent Care Benefits Rider (CCBR)
and a four-year Extension of Benefits Rider (EOBR)

Recommendation: Dan adds the 3% Compound Inflation
option to keep pace with rising LTC costs

Hypothetical case study:
Helping to protect the portfolio

Nancy, age 65, healthy, nonsmoker Sufficient assets and retirement income

Leverages $100,000 for long-term care

Concern: Nancy is concerned that she may need
long-term care in a few years, but she thinks
she has enough set aside to cover costs

Recommendation: Nancy purchases a $100,000 single premium policy with
a two-year Convalescent Care Benefits Rider (CCBR)
and a four-year Extension of Benefits Rider (EOBR)

Why Lincoln MoneyGuard® Reserve Plus

Easy application process

Experience in claims paying

Experience of Lincoln

Next steps

Make long-term care planning part of your
overall financial strategy.

Talk with your licensed insurance
agent/representative.

Consider a funding solution that has all
of the features you need.

Click Here for Your Long Term Care Insurance Quotes

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