National Guardian Life Insurance Company (NGL) announces its EssentialLTC Long Term Care insurance product is now available in California effective July 6, 2020.
EssentialLTC is a stand-alone Long Term Care insurance product designed with consumers in mind by offering key features such as lifetime benefits, joint policies and premiums, a Shared Benefit Amount Rider with a third pool of benefits, comprehensive benefit period options, 1035 Exchange eligibility, riders that feature return of premium and optional policy surrender benefits and flexible premium payment options, such as a single premium payment or a 10-year premium payment.
“The comprehensive features available with NGL’s long term care product offer the residents of California another Long Term Care insurance option as they evaluate their coverage needs. Including an affordable Long Term Care insurance policy in their financial planning portfolio can provide peace of mind and help to protect families against the financial and emotional consequences of a long term care event,” said Joe Guyotte, NGL National Sales Manager, Individual Products.
Additionally, NGL EssentialLTC long term care product provides a long term care solution for worksite and associations/affinity groups. NGL EssentialLTC employer group premium rates are available to businesses with at least five employees. NGL provides a streamlined set-up process for the business, access to all the comprehensive EssentialLTC features available in the individual market, unisex premium rates for employees and their eligible family members.
EssentialLTC is currently available in all states excluding Montana and New York. For more information, visit: www.ngl-essentialltc.com.
In addition to long term care, NGL has a range of insurance products for older adults, including estate planning, funeral planning and Medicare Supplement.