John Hancock Life Insurance Company has added benefits to one of its leading long term care insurance policies.
The product, the Custom Care II Enhanced policy, includes caregiver support in the form of provider discounts, care quality reports, and advice on providing care for aging parents, spouses and others.
The policy also offers inflation protection linked to the Consumer Price Index, independent third party review of claims disputes and a promise of prompt claims handling.
The policy allows owners to adjust policy coverage up or down when needs changes.
Hancock, a division of Manulife Financial Corp., Toronto, says the new product's rollout will continue through the remainder of the year.
The policy now is available in Alabama, Alaska, District of Columbia, Illinois, Kansas, Kentucky, Maine, Michigan, Mississippi, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Dakota, West Virginia and Wyoming.
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