LTC II with Shareability Option: Multi-Life Enhancements
Since its entrance in the marketplace, LifeSecure’ OMTM (One-for-Many) multi-life LTCi program has been popular with both agents and their worksite clients thanks to strong competitive advantages, such as simplified issue
underwriting for as few as three employees and a “best-in-class” online application process. In fact, the majority of our LTC business is represented by multi-life/worksite groups.
LifeSecure’s new long term care insurance product –
LTC II with Shareability Option – includes
changes that create an even more dynamic multi-life
product, including:
Two new distinct multi-life LTC programs that allow
LifeSecure to create a more competitive solution for different sized groups.
Broader availability of simplified issue underwriting and revised participation requirements.
Additional components of simplified issue
underwriting, such as considerations of BMI and
uninsurable medications.
For more details on LifeSecure’s LTC II with Shareability Option, including transition instructions and deadlines, click here .
*Note: This
announcement is not applicable for California. Please
refer to our separate announcement specific to California.
