Nationwide: CareMatters launches in New York on 5/8

Nationwide YourLife CareMatters has been approved for New York. Illustrations will be available on May 8. See the transition rules below:

Nationwide YourLife CareMatters® available in New York

Over the next 18 years, about 8,000 Americans will turn 65 each day (1) — and at some point 70% of them will need long-term care (LTC)(2). That’s why Nationwide created Nationwide YourLife CareMatters®, a fixed premium universal life insurance product that bundles LTC coverage and life insurance in the same policy.

Important Dates:

  • May 8 – Illustrations available
  • June 12 Applications and premium accepted
  • July 17 Policies can issued

1 Source http://www.aarp.org/home-garden/housing/info-11-2011/assisted-living-databank.html

2 2015 Medicare & You, Centers for Medicare and Medicaid Services