LifeSecure Insurance says it is rolling out a long term care insurance program that will feature simple policies and a simple, fast underwriting process.

LifeSecure, Brighton, Mich., a unit of Blue Cross and Blue Shield of Michigan, Detroit, says it will start by selling the LifeSecure LTC insurance policies in Michigan and expand into other states by late 2007.

Policy features include benefit amounts ranging from $75,000 to $1 million and monthly benefits ranging from $1,500 to $20,000.

Beneficiaries of policyholders can get up to 75% of the premiums back if policyholders die, according to LifeSecure.

LifeSecure will be selling the policies through financial planners as well as through insurance agents.