Universal Life with Long Term Care

Why should you consider Universal Life with Long Term Care? It is a permanent insurance policy that is designed to last to age 100, with a level premium and level death benefit that you can adjust as your needs change. You can even decrease, skip or stop your payments as long as sufficient cash value exists to cover the cost of protection.

Universal Life with Long Term Care Features:

• Portable Insurance. You can keep your coverage if you retire, leave your employer or have a change in health. Premiums and coverage remain the same unless you choose to adjust them.
• Family Coverage. Your eligible spouse and children can participate. For Universal Life, employee participation is not required and grandchildren can participate.
• Competitive Rates. This plan is offered at affordable rates, and your insurance premiums are waived for the entire family if the primary insured is totally disabled (as defined in the policy) prior to the policy anniversary nearest his or her 60th birthday.
• Easy Application. You just answer the questions on the short application form.
• Terminal Illness Benefit. You may request up to 75% of the plan’s death benefit (to a $187,500 maximum) if a physician determines that death will most likely occur within 24 months. The accelerated death benefit is subtracted from the final death benefit.
• Competitive Interest. You earn interest on your policy’s accumulated cash value, building income on a tax-deferred basis (under current tax laws). Interest accrues at competitive rates, which are guaranteed never to fall below 4%. The money in the cash account can be borrowed to help send a child to college or to supplement your retirement.
• Long Term Care and Home Healthcare Benefits Including the Extension of Benefits Rider (described below). You can receive a monthly benefit of up to 4% of the death benefit for up to 50 months for a Medically Necessary stay in a qualified Long Term Care Facility. You can receive a monthly benefit of up to 2% of the death benefit for up to 100 months for Medically Necessary Home Health and Adult Day Care. (Benefits paid may or may not be taxable, depending on how the IRS interprets applicable portions of the Tax Code.)
• Extension of Benefits. Your benefits will be extended when the total amount of benefits has been paid out under the Long Term Care and Home Healthcare feature. Extended benefits are payable in the same amount and frequency and for the same duration as under the Home Health and Long Term Care Benefit Rider.
• Benefit Restoration. Your death benefit and accumulated cash value will be restored on a monthly basis as benefits are paid out under the Home Health and Long Term Care Rider (which otherwise reduce the death benefit and cash value).
• EZ Value Plan. As a hedge against inflation, this option automatically increases coverage annually on the policy’s first five anniversaries without additional underwriting. Employees and spouses, age 60 and under, can sign up for automatic increases equal to the amount an additional $1 per week will purchase.

The above information provides a brief description of the Trustmark Insurance Company Premier Protector Universal Life with Long Term Care plan available to individuals that meet eligibility and insurance requirements. Benefits, exclusions and limitations apply. Refer to Plan GUL-899 and HH/LTC and Rider Form GUL-BRR/EOB.1099 for the exact terms and provisions. A complete computerprepared policy illustration will be delivered with your policy or certificate.