Republic Introduces LTC Product

A long term care insurance marketing firm has introduced a product with lifetime benefit and return-of-premium features.

Republic Marketing Group Inc., New Braunfels, Texas, says its Security Advantage product includes a Maximum Lifetime Benefit Acceleration Rider, which protects clients who may have early claims. With the rider, policyholders who purchase a policy with a less-than-lifetime benefit period and who file a claim early can immediately get the inflation-adjusted amount the policy would be worth at age 85.