Linked Benefit Products

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What are Linked Benefit Products?

A base product such as life insurance or an annuity with a “rider” that provides long term care benefits if needed.
    •   Provides multiple benefits, paying out the first benefit as needed
    •   Qualified long term care costs are reimbursed
    •   Reimbursements intended to be income tax-free

If you could take $1.00 and make it worth more for your client wouldn’t you?

Linked Benefit Products

  •   Make your client’s money work harder; leveraging each dollar up to 3 to 5 times in the event of an extended care need
  •   Provide a Death Benefit to beneficiaries if your client doesn’t use all the money
  •   Keep clients in control of their assets; A money back guarantee*
  •   Offers a smart way to help protect existing assets from an extended care event

*Through the Return of Premium Rider on single premium and certain flexible premium universal life policies.

The Facts About Extended Care

    •   70% of Americans age 65 or older will need it temporarily
    •   The cost of care is high and increasing
    •   The average duration of a claim is 4.2 years
    •   75% of claims start at home

 

  • *National median annual costs:
  • Assisted Living Facility (ALF) = $42,000
  • Semi-private room in a nursing home = $77,380
  • Home health aid (8 hrs/day, 5 days per week) = $41,600
  • Adult daycare (5 days per week) = $16,900

If Your Client Needed Extended Care Today, Which Asset Would They Use First?

Your financial strategy is not complete without extended care planning.
Contact BSMG Today!

BSMG offers a wide variety of linked benefit products from leading carriers designed to help address your clients individual extended care needs. Speak with one of our expert linked benefit advisers today!

200-125 -  300-115 -  70-534 -  400-201 -  200-125 -  642-996 -  200-125 -  70-532 -  640-916 -  640-911 -  102-400 -  70-347 -  MB2-712 -  200-125 -  700-101 -  cissp -  300-101 -  70-346 -  210-060 -  300-075 -  300-101 -  1z0-808 -  2v0-620 -  70-346 -  200-125 -  810-403 -  210-060 -  220-902 -  640-875 -  74-343 -  300-101 -  sy0-401 -  200-310 -  210-260 -  400-101 -  cas-002 -  400-051 -  2v0-621 -  300-70 -  642-997 -  iia-cia-part3 -  700-501 -  LX0-103 | MB2-712 | 70-480 | 712-50 | ICBB | JN0-343 | 100-105 | 1z0-804 | CCA-500 | 640-916 | 74-343 | 352-001