Now available in Florida: Nationwide YourLife CareMatters®, a long–term care (LTC) solution built to meet your clients’ needs.
Over the next 18 years, about 8,000 Americans will turn 65 each day1 – 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. This allows clients to better address LTC expenses while remaining in control of their assets. Only Nationwide YourLife CareMatters’ cash indemnity benefits offer:
- A guaranteed full monthly cash benefit3 to be used however the policyowner sees fit
- No monthly bills or receipts to submit–meaning less paperwork and simpler administration for you and your clients
- Family and friends as caregiver–100% of the benefit can be used for informal care by unlicensed providers4
Licensing and training
Florida has additional LTC licensing and training requirements prior to submitting your first application. Contact the state department of insurance for information about training options.
Submitting new business
To better meet your needs, we offer a variety of application options to kick-off the new business process:
- One-page ticket
- Full paper application
- Full application, electronic submission
- COMING SOON – One-page ticket, electronic submission
Contact Newman Long Term Care to learn more about Nationwide YourLife CareMatters, the sales tools available and how to submit new business.
1Source: http://www.aarp.org/personal-growth/transitions/boomers_65
2Medicare & You 2014, U.S. Department of Health and Human Services, September 2013
3Assuming all premiums have been paid and benefits are used within the United States
4Licensed health care practitioner must state that informal care is appropriate in the plan of care. Consult with tax professionals for advice since such arrangements may create reporting and withholding requirements for the payor or payee.