A national broker-dealer that caters to independent financial planners and independent investment advisor representatives is adding a long term care insurance option.

Money Concepts Capital Corp., Palm Beach Gardens, Fla., has agreed to market the PersonalLTC LTC insurance product from a unit of Penn Treaty American Corp., Allentown, Pa.

The policy provides a brief applicant screening process, coverage options for insureds in a wide range of underwriting risk classes, and coaching from independent long term care insurance specialists.

Money Concepts has 480 offices in the United States.

Money Concepts will introduce the PersonalLTC product through a pilot program in the Midwest, then began marketing the product throughout the United States, according to Penn Treaty and Money Concepts.