Know the Difference: Long-Term Care vs. Chronic Illness Riders

Not all riders on life insurance policies are the same. Long-term care (LTC) riders and chronic illness riders may seem alike, but when it comes to filing a claim, there are crucial differences to consider.

Making sure your clients are covered with a true LTC rider will give them the flexibility to protect against both temporary and permanent claims, and it’ll save you from having a very difficult conversation at claim time. Nationwide offers a true LTC rider that:

• Pays temporary as well as permanent LTC claims
• Tells you at policy issue what the LTC benefit will be
• Accelerates 100% of the death benefit regardless of when a claim begins

Know the difference BEFORE your client buys coverage!