Money Back Guarantee LTC

Insurance HR Specialty Products & Services Catalogue Executive Summary

A No Frills Distillation of Vendor’s Marketing Collateral

Thomas A FerencePresident & CEO

Human Resources Mining & Distribution CoLocating, Validating and Accelerating HR  Innovation

 Office: 219-662-0201Cell: 630-240-2583Fax: 219-661-0236

e-mail: tference@hrmdco.comWebsite: www.hrmdco.com

Money Back Guarantee LTC Insurance

-A major deterrent to purchasing LTC coverage is the “use it or lose it factor”-Under this insurance program, purchaser pays either 5 annual premiums or a lump sum premium -Plan pays for 100% of long-term care expenses until a gross gross policy maximum amount is reached -Provides an income tax-free death benefit if insured does not need all or part of LTC coverage amount-Money back guarantee: Can withdraw 100% of unused original premium paid at any time, at will-Premiums do not earn interest for return of premium purposes

Money Back Guarantee LTC – Example

Nancy

•Healthy 65-year-old nonsmoker

•-Been advised to set aside $300,000 of $1 million portfolio for LTC expenses

•-Instead moves $100,000 into a single premium policy

•-Frees up $200,000

• Will get up to $6,934 per month, $83,208 every year and $499,221, (5 X premium) over six years to reimburse qualified LTC costs, or

• Beneficiaries will receive $166,407 income tax-free death benefit if no LTC, or

• At any time, can request return

of all (unused) premiums-no questions asked

• Combinations of partial payments for LTC, and /or partial death benefits and/or partial cash return are all permitted

Next Steps• This product/service is contained in the HR Specialty

Products & Services Catalogue™ • Operational level details about this particular service

provider can be obtained in conference with the vendor• The HR Mining &Distribution Co. is an independent and

contracted representative of the vendor• Upon your request, we will arrange for an introduction

that can range from a simple, quick conference call to a services overview / system demo

• Tom Ference 219-662-0201 (Chicagoland area) or tference@hrmdco.com

• Thank you for your potential interest in this fresh thinking