Brighthouse SmartCare, a hybrid life insurance and long-term care (LTC) product, gives your client power over the unexpected.1 Over time, its LTC benefit, death benefit, and cash value can grow, while offering protection from market loss. Better yet, if your client never uses the LTC coverage, their money is put to good use through a death benefit for their loved ones.
Preparation for an LTC Need
Protection From Unexpected Events
Participation in Market Growth3
How Brighthouse SmartCare Works
Brighthouse SmartCare is a hybrid indexed universal life insurance policy. It provides a death benefit to beneficiaries and its included riders provide coverage for long-term care expenses. Your client should follow the steps below to customize a policy.
Choose an LTC Coverage Option
The guaranteed LTC benefit and initial death benefit amounts are determined when your client applies for a policy, subject to approval by the issuing company. These amounts can grow based on the LTC coverage option your client elects.
Benefit amounts have the potential to increase with market gains up to an annual maximum growth rate, but will never drop below the policy’s original amounts.4 Your client can select to track one or more of the following indices: S&P 500® Index (large cap), Russell 2000® Index (small cap), or MSCI EAFE Index (international).A,B,C
Choose an LTC Benefit Period
Each policy consists of an LTC Acceleration of Death Benefit Rider (LTC ADBR) and an Extension of Benefits Rider (EOBR) that determine the duration of coverage once a claim begins.
Choose a Premium Payment Schedule
Your client can choose to make either a single premium payment or annual payments for two to five years.
Brighthouse Simple Underwriting
The underwriting process can stand in the way of stronger client relationships. Brighthouse Simple Underwriting is changing that.7 Available for eligible clients ages 40 to 75 and with face amounts up to $1,000,000, Brighthouse Simple Underwriting includes:
|Ages 40 to 65||Ages 66 to 75|
|Labs or Exams8||None||None|
|Medical Records||For significant medical conditions only||Yes|
|Initial Decision||Within 24 hours of receipt of completed application||Within 24 hours of completed requirements|
America's First Financial (ARF)
ACSIA Partner (ASP)
SBIA-Wells Fargo (SBW)