Guardian Life Logo

With Americans now living longer than ever, it’s no surprise that roughly 70% of people over 65 will eventually require some form of long term care services.1 That’s why it’s so important to prepare now for how you can help cover the cost of the services you may need later.

You may be able to include Guardian’s Long Term Care rider or Guardian's Joint LTC rider when purchasing certain types of our life insurance. This rider gives you access to money from a part of your life insurance policy during your lifetime if you’re receiving long term care services as a result of a chronic illness.

Including a long term care benefit with your life insurance provides:

  • Simplicity: Rather than purchasing two separate policies — a life insurance policy and a long term care policy — you can own a single product, to be used for life insurance protection and to help pay for long term care services.

  • Flexibility: You’ll have the freedom to choose, within certain limits, the amount of monthly benefit that best meets your needs. And, you can choose to stop receiving payments, or change the payment amount, at any time.

  • Independence: Since caring for an aging loved one can be financially draining, selecting the long term care rider may help reduce your financial dependency on loved ones to provide for you as you age.

  • Less paperwork: This type of benefit is an indemnity-style rider and doesn’t require you to submit bills and receipts each month. 2

We can help you better prepare to minimize the financial strain of long term care. Contact your financial professional today to learn more.

This information is not approved for use in the following state(s): CA. Contact your financial professional for your state availability.

1 How Much Care Will You Need?, February 2020, Longtermcare.gov, https://acl.gov/ltc/basic-needs/how-much-care-will-you-need; site last updated in February 2020, accessed February 28, 2022.

2 Guardian may periodically require the owner to submit documentation that the insured is receiving care and incurring costs.

The rider is available at an additional charge. A distribution (loan/withdrawal) from a policy with the Long Term Care rider (LTCR) prior to an LTCR claim will reduce the amount available for an LTCR claim.

Accelerated Death Benefit for Long Term Care Services Rider is marketed as Guardian’s Long Term Care Rider.

Accelerated Death Benefit for Long Term Care Services Rider for Survivorship Whole Life is marketed as Guardian’s Joint LTC Rider.

Guardian's Joint LTC LifeTM is a package combining Guardian's survivorship whole life with Guardian's Joint LTC Rider.

The Guardian Life Insurance Company of America, New York, NY.

Guardian’s Long Term Care riders are issued on Rider Forms ICC22-LTCR, ICC13-LTCR and ICC18-LTCR UL, or state equivalent.

Guardian's Joint LTC Rider is issued on Rider Form ICC19-LTCR SWL, or state equivalent.

Guardian’s whole life products are issued on Policy Forms ICC21-WL, 21-WL or state equivalent.

Guardian's survivorship whole life product is issued on Policy Form ICC21-SWL, 21-SWL or state equivalent.

Guardian's current assumption universal life product is issued on Policy Form ICC20-CAUL, 20-CAUL or state equivalent.

This rider has exclusions and limitations. Underwriting approval is required to purchase coverage, and a medical exam may be required. For costs and complete details of the coverage under this rider, please contact your Guardian financial professional.

The purpose of this material is the solicitation of insurance. An agent/professional may contact you.

Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice.

ICC22-LTCR1