Proposed Monthly Benefits |
Enter a daily benefit to illustrate for each client as a proposed recommendation for new long-term care insurance. The “Daily Benefit Needed” line tells you how much each client would need to cover their long-term care costs- reduced by their existing long-term care policy benefits. If you enter a daily benefit greater than or equal to the “Daily Benefit Needed” amount, then the Recommendation page in the presentation will illustrate 100% of their Long-Term Care Needs Goal funded. If you enter a proposed daily benefit less than the needed amount, the Recommendation page will illustrate the percent of the needed amount that is now funded by the recommendation. |
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Click the details button to enter the proposed policy details. |
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Enter the name of the policy as you want it to appear in the printed presentation. |
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Enter the daily benefit amount the client will receive during the long-term care event. |
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Enter the annual premium paid by the client. This amount will NOT be added to your income needs, but it will appear in the presentation as part of the assumptions. |
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Enter the number of days after the long-term care event begins before benefits begin. |
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Enter the number of years the policy will pay benefits. |
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Enter the annual percentage increase of the benefits. |