Vivinavi

Reference Example of Accumulation-Type Life Insurance (with Long-Term Care Insurance Clause)

We received a request from a reader to show a specific example of an accumulation-type life insurance （ with a long-term care insurance rider ）, so we provide the following as an example for your reference.

（ Please note that there are individual differences depending on the age, health condition, amount of accumulation, insurance conditions, and product contents at the time of starting accumulation, so please refer to the example as a reference only. ）

[ Example of Accumulating Life Insurance （ with Long-term Care Insurance Clause ） ]
Insured Female ・ Starting Age 50
Premium （ Monthly ） $ 250
Death Insurance Amount 152,000
Annual interest rate on premiums (compounded: Non-Guaranteed) 3.5 % ~ 7.10%
With long-term care insurance rider

* For the first 10 years, the surrender value is lower than the premium. Death benefit is available from the first year.
* The lump sum and surrender value will catch up after 15 to 17 years. After that time, the benefit at surrender will be greater than the sum of the additional lump sum.
* The death benefit will increase from the age of 81 in this case.
* The long-term care insurance rider allows 2% of the death benefit ($ 152,000 for $ 3,040 for 152,000) to be withdrawn from the death benefit each month until the death benefit is exhausted.
( The obligation to pay the monthly premium stops while you receive the long-term care insurance benefit. The money you receive is tax-free.

* For your reference, we have attached a picture of the additional monthly premiums.
* Please feel free to contact us if you would like to see an example of an accumulation type life insurance policy (with a long-term care insurance rider) for your own case.