National Guardian Life (NGL) EssentialLTC Shared Benefit Rider – Long Term Care Insurance
Couples who ask about potentially running out of benefits, could find the EssentialLTC Shared Benefit Amount Rider to be a cost-effective solution to provide additional coverage. With the Shared Benefit Amount Rider, if either or both insureds exhaust their own Benefit Amount, a joint Shared Benefit Amount will become accessible to either or both insureds.
The joint Shared Benefit Amount is a third pool of benefits equal to one of the insured’s Benefit Amount. If one insured passes away, any unused benefits in the joint Shared Benefit Amount remain available to the survivor.