Long-Term Care

What is Long-Term Care?

Long-Term Care (LTC) is a range of services and supports your clients may need to meet their personal care requirements. Most long-term care is not medical care, but rather assistance with the basic tasks of everyday life, sometimes called the Activates of Daily Living (ADLs), such as bathing, eating, continence, dressing, toileting, and transferring.

Long-term care insurance is a complex product, but one that should be discussed as a part of any retirement plan. There are a multitude of options available to your clients.


A stand alone long-term care is the most flexible option for individuals looking to structure benefits and pricing.

Fixed Annuity & Long-Term Care Rider

A combination fixed annuity with long-term care will give the client protection of an asset, fixed interest, and the ability to double or triple their account for use when long-term care services are needed.

Life & Long-Term Care or Chronic/ Illness Rider

This combination of benefits gives both a life insurance death benefit, plus the ability to accelerate a portion or all of their death benefit, to be used in the event of a catastrophic health incident such as stroke, cancer, or heart attack.

Short-Term Care

Short-Term Care (STC) is an insurance program designed to meet pay for short duration, long-term care services typically not more than one year in duration. Typically these programs are less expensive and more streamlined on the underwriting process than a traditional long-term care program.

Partnership Plans

This program is a joint federal-state policy initiative to promote the purchase of long-term care insurance. The Partnership Program is intended to expand access to private long-term care insurance policy to pay for long-term care services.

Purchasing a Partnership-qualified long-term care benefit, described as “dollar-for-dollar” asset disregard or “spend-down” protection. Individuals who purchase these policies earn on Medicaid asset, disregard for every dollar of insurance coverage paid on their behalf.

Long-Term Care Resources and Tools

Quoting available on our Long-Term Care product portfolio.

Long-Term Care Carriers

Pinnacle works with a wide variety of carriers to help provide your clients with the best options available.

Long-Term Care News

NGL | EssentialLTC Updated 2023 Tax Summary

The Tax Summary has been updated to include the changes to 2023 Eligible Long-Term Care Premiums (ELTCPs).

NGL | EssentialLTC – Long Term Care Awareness Month

NGL is dedicated to getting the most out of LTC Awareness Month with the consumer materials needed to help increase your client’s knowledge.

NGL | EssentialLTC – Enhanced EssentialLTC Reminder

As a reminder, the states of AZ, CT, FL, IN, and the District of Columbia now use the Enhanced version of EssentialLTC.

AIG | Expand your business with value-add living benefits

Americans are underprepared for future health care expenses and without proper planning, a serious accident or illness could rob your clients of their financial independence.

Mutual of Omaha | Express – June 29th

A Weekly Update for Mutual of Omaha’s Brokerage Sales Distribution. June 29, 2022.

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.