Understanding Guaranteed Trust Life’s Short-Term Home Health Care Insurance
Navigating healthcare options can be complex, especially when considering future needs and financial impacts. Guaranteed Trust Life (GTL) offers an innovative short-term home healthcare insurance product designed to address these challenges. Hosted by Dimitri Simos, GTL’s Assistant Vice President of Sales, a recent training session highlighted the unique advantages of this plan, its streamlined application process, and its market differentiators.
Short-Term Home Health Care Insurance
GTL’s short-term home health care insurance offers a cost-effective solution for individuals who may not qualify for or afford long-term care insurance. This policy enables clients to recover from unexpected illnesses or injuries comfortably at home.
Key benefits include coverage for:
- Skilled nursing care
- Physical therapy
- General nursing assistance
Unlike many policies, this plan does not require a prior hospital stay. Clients can choose from three base plan options, each customizable, offering coverage of up to 162,000 dollars over 360 days.
Key Features of GTL’s Policy
- Prescription Drug Benefit
- Provides financial returns for prescription refills, offsetting policy costs.
- Simplified Underwriting
- Minimal underwriting questions make the policy accessible to a wide range of clients.
Caregiver Support: T Care
Recognizing the challenges of caregiving, GTL includes T Care, a unique service designed to support family caregivers. T Care provides resources and potential benefits to help alleviate caregiver stress, ensuring both the insured and their families are supported.
Policy Details and Pricing
- Eligibility and Costs
- Available for individuals aged 61 to 85, with pricing based on an attained age system.
- Riders and Add-Ons
- Options include hospital indemnity, critical accident coverage, and a return of premium rider, allowing clients to customize their policies for comprehensive protection.
Application and Claim Process
GTL simplifies the application process with modern tools like text-to-sign and electronic submission, ensuring convenience for agents and clients alike. Filing claims is straightforward, requiring only receipts for prescriptions or services provided by licensed agencies.
Conclusion
GTL’s short-term home health care insurance provides affordable and customizable coverage, empowering clients to recover at home with support from a robust network of resources. For agents, this product represents a meaningful opportunity to address a vital but often overlooked need.
To learn more or get contracted to offer this product, contact Pinnacle Financial Services at 1-800-772-6881. Subscribe for updates on the latest insurance news and training for agents.
Watch the full video at : https://youtu.be/m-YA6A2vqcc
Andres Rivera
Regional Sales Direcotr