LTC/Chronic Illness Rider Features Comparison - ORG Corp

1 LTC/Chronic Illness Rider Features ComparisonAll carriers shown may not be available. Please check your approved carrier list before NameIRC 101(g)IRC 101(g)IRC 101(g)IRC 7702 BIRC 7702 BUnable to perform 2 of 6 ADL'sBeginning at age 65, requiring continuousUnable to perform 2 of 6 ADL'sNeeds "Substantial Supervison" due toconfinement in a LTC facility or under a writtenNeeds "Substantial Supervison" due tocognitive impairmentplan of home care, and stay for rest of impairmentLife Pro+ IULLifeScape Premier ULAthena IULI ncentive Life Legacy IIIncentive Life Optimizer IIAutomatcally included on all policiesAvailable beginning at age 65 Standard classes or better, no permanent orAll classesStandard classes or better.

2 No permanent ortemporary flat extra premiumstemporary flat extra premiumsElimination PeriodNo unless Waiver of Premium is chosen and NoYesclient is totally disabledBenefit TypeMonthly benefit: 1%-4%, up to $10,000Up to 50% of net amout of insurance or 36Mo. benefit: 1% or 2% ages 20-75 Lifetime max of $1 millionmonthly payments of 2% of net amount ofMo. benefit: 3% ages 20-70insuranceAcceleration % DBO A: 20%-100%Acceleration % DBO B: 100%Home health careNursing homeLTC facilityHome health careNursing homeAssisting living facilityHome health careAssisting living facilityAdult day care centerAdult day care centerOther qualifying serviceOther qualifying serviceAdd'l Charge or Discounted Acceleration of DBAdditional chargeAdditional chargeRecertification RequiredCarrier calls client to verify still in facilityNoYes, every 12 monthsDollar for dollar reduction when benefits arepaid is called "Accumulated Benefit Lien"*101(g) "Accelerated DB for chronic Illness ".

3 "likely to last of the rest of the insured's life" (non-recoverable). Does not fall under health regulations.*7702B Intended to be Qualified Long Term Care Insurance Carriers and products offered through Crump Life Insurance Services may not be approved for use in all Death BenefitWaive Premium if Client on Claim?Issue Ages90 daysUnderwriting ClassesNone provided90 daysChanges since last publicationNone providedIndemnityIndemnityLTC Services RiderAges 20-7590 daysAllianzAccelerated DB - LTC/Home Care OptionAssurity LifeAXA EquitableQualificationsProducts Available OnAdditional DetailsBenefit UsesNone providedLTC Accelerated Benefit RiderAges 0-75 IndemnityMax benefit of $5mTax Qualified Status*Access to products and carriers available through Crump Life Insurance Services Features subject to current contract terms at time of sale.

4 For informational use only-- Subject to change without notice. Survey based on information from various sources. Prepared for agent use onlyNo additional cost for the Rider ; subject to discount factorsBenefit AmountAthena UL Copyright 2012 Crump Life Insurance Services, Updated 12/13/2012 Page 1 of 7 LTC/Chronic Illness Rider Features ComparisonAll carriers shown may not be available. Please check your approved carrier list before NameIRC 101(g)IRC 101(g)IRC 101(g)IRC 7702 BQualifying medical/physical condition or life Unable to perform 2 of 6 ADL'sUnable to perform 2 of 6 ADL'sexpectancy of 12 months or less from the date Needs "Substantial Supervison" due toNeeds "Substantial Supervison" due toof receipt of a Physician Statementcognitive impairmentcognitive impairmentING UL-CVAccumulation ULLegacy Secure II ULAccumulation VULU ltra IULI ndexed ULUltra PlusPremier LifeWhole Life IIUL-GNot available if rated higher than 175% orAll classesissued w/ a flat extraElimination PeriodNoNoNoBenefit TypeMinimum benefit.

5 $10,0001%, 2%, or 4% Monthly Acceleration %Max payout is lesser of 80% of death benefit orMax benefit: lesser of 50% of death benefit orMax monthly benefit: $50,000$250,000; minimum payout is $5000.$1,000,000 Max policy face: $5m (depending on MonthlyMinimum face amount remaining after a Acceleration %)payment is $4,000 and a maximum of three payments may be confinement in an eligible institutionHome health careHospice centerNursing Care Facilityand stay for rest of lifeAssisting living facilityNursing homeMedical condition needing extraordinary careAdult day care centerlesser of $25,000 or 10% of the face amount in effect prior to claimAdd'l Charge or Discounted Acceleration of DBAdditional chargeRecertification RequiredNoNoNo additional cost for the riderAdvantage List.

6 Access to competitive ratesat participating care providersSeniorlink: provides resources and advice*101(g) "Accelerated DB for chronic Illness "; "likely to last of the rest of the insured's life" (non-recoverable). Does not fall under health regulations.*7702B Intended to be Qualified Long Term Care Insurance Carriers and products offered through Crump Life Insurance Services may not be approved for use in all Benefit RiderING IUL-CVNone providedResidual Death BenefitBenefit UsesNo additional cost for the Rider ; subject to discount factorsYes, using LTC Continuation Rider ; max is None providedSame as productIndemnitySame as productAges 20-80 Same as productAccelerated DB (Permanent Confinement)N/AReimbursementIndemnity100 days (varies by state)12 months in Nursing Care FacilityUnderwriting ClassesQualificationsProducts Available OnIssue AgesJohn HancockLincoln Benefit LifeLTC Rider /LTC Continuation RiderTax Qualified Status*Waive Premium if Client on Claim?

7 Additional DetailsChanges since last publicationAccess to products and carriers available through Crump Life Insurance Services Features subject to current contract terms at time of sale. For informational use only-- Subject to change without notice. Survey based on information from various sources. Prepared for agent use onlyNo additional cost for the Rider ; subject to discount factorsBenefit Amount Copyright 2012 Crump Life Insurance Services, Updated 12/13/2012 Page 2 of 7 LTC/Chronic Illness Rider Features ComparisonAll carriers shown may not be available. Please check your approved carrier list before NameIRC 101(g)IRC 101(g)IRC 101(g)IRC 7702 BUnable to perform 2 of 6 ADL'sUnable to perform 2 of 6 ADL'sUnable to perform 2 of 6 ADL'sNeeds "Substantial Supervison" due toNeeds "Substantial Supervison" due toNeeds "Substantial Supervison" due tocognitive impairmentcognitive impairmentcognitive impairmentLincoln VULOne (2012)LSW Foundation ULLSW Secure Plus Adv.

8 79 IULE clipse IULL incoln LifeReserve IUL AccumulatorLSW IncomeBuilder ULEclipse Protector IULLSW SecurePlus Paragon IULLSW SecurePlus Provider IULLSW Guaranteed Level TermLSW Non-Guaranteed Level Term$5,000,000 max face$2,000,000 max faceAll classes up to Table DAll classesPreferred thru Table DElimination PeriodCharges for Rider cease, charges on policyCharges for Rider cease, charges on policycontinue; premiums should be continuedcontinue; premiums should be continuedBenefit TypeUp to 100% of death benefit with paymentRider must be in-force for 2 yrs before usedMonthly benefit: lesser of 2% or 4% of LTCoptions of:Monthly benefit: 2% of DBspecified amt or HIPAA daily amt x's days in 1.

9 Monthly increments of the lesser of 2% ofLifetime max: $1 DB or IRS per diem x's days in Agreement total must be between 10%2. One-time lump sum, discounted for mortalityand 100% of face amount to max of $5,000,000and interestUsed at the insured's discretionBenefit may be used wherever chosenHome health careNursing homeAssisting living facilityAdult day care centerInformal caregiverIf the life insurance face amount is depleted, beneficiaries still receive minimum DB of 10% of face amount. If the minimum DB provisionapplies, the max amount of DB beneficiaries may receive is $25, 'l Charge or Discounted Acceleration of DBAdditional chargeAdditional chargeRecertification RequiredYes, every 12 monthsNoYes, required at least annuallyOnce benefit payments begin, policy wion'tRider can be added after issueMust first complete state-required training beforelapse as long as Rider is in forceLTCA can be sold*101(g) "Accelerated DB for chronic Illness "; "likely to last of the rest of the insured's life" (non-recoverable).

10 Does not fall under health regulations.*7702B Intended to be Qualified Long Term Care Insurance Carriers and products offered through Crump Life Insurance Services may not be approved for use in all Available OnMinnesota LifeAdditional DetailsBenefit UsesResidual Death BenefitNo additional cost for the Rider ; subject to discount factorsReimbursementBenefit AmountAges 20-80 Underwriting Classes90 daysYes, if Extension of Benefits Rider is selectedNone providedWaive Premium if Client on Claim?Tax Qualified Status*Long Term Care Agreement90 daysAges 20-69 LifeEnhance Accelerated Benefits RiderIssue AgesAccelerated Benefit Rider chronic IllnessIndemnityIndemnitySame as productLincoln LifeLife of Southwest (SAM Group)Ages 70-80 Features subject to current contract terms at time of sale.