Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Long-Term Care Planning

Kanawha Unveils LTC Product

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 21, 2005, 6:07 p.m. EST

A Lancaster, S.C., insurer has introduced a long term care insurance policy.[@@]

The insurer, Kanawha Insurance Company, says its new SecureFuture LTC product combines a base indemnity policy with optional home health care riders, an informal care benefit that can pay 50% of the daily home health care benefit, and a benefit access feature that provides interchangeable benefits for facility care and home health care combining them to form one pool of benefit dollars.

The policy also offers a stay-at-home benefit, which can pay for home modifications and durable medical equipment; a shared care rider for husbands and wives; a 10% couple discount; and a 20% preferred health discount.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.