MoO: LTC Update: Inflation Protection: Using the Buy-Up Option
Inflation Protection…
Using the Buy-Up Option to
Ease Your Client’s Mind
When purchasing something as important as an LTCi policy, your clients want to make sure they’re making the right decisions. And when it comes time to select an inflation protection option, they’re presented with seemingly endless choices.
Do they want inflation protection for the life of the policy or for a limited period?
What inflation percentage is the right for them?
The MutualCare Custom Solution policy offers a guaranteed buy-up option that allows your clients to increase or decrease their inflation percentage once each year. And knowing they have this option makes the decision a bit easier.
Most people understand that the cost of long-term care services will be higher years down the road when they’re likely to need care. So how do they make sure the benefits they purchase today are adequate to help cover their costs tomorrow? The answer is inflation protection.
