Mutual Care at Work

A customizable product for the workplace that is perfect for small- to mid-sized businesses.

 

Mutual Care at Work
Maximum Lifetime Benefit (Number of months selected x MMB)
  • 2, 3, 4, 5, 6, 8, years or lifetime

Program Limits:
  • Up to 3 Years (36 Months) or $150,000 Maximum Lifetime Benefit for Modified Guaranteed Issue
  • Up to 5 Years (60 Months) or $400,000 Maximum Lifetime Benefit for Simplified Issue
  • Up to 8 Years (96 Months) or $500,000 Maximum Lifetime Benefit or Lifetime for Full Underwriting
Maximum Monthly Benefit (MMB)
  • $1,500 to $15,000 in $500 increments
Program Limits:
  • Up to $4,500 for Modified Guaranteed Issue
  • Up to $9,000 for Simplified Issue
  • Up to $15,000 for Full Underwriting
Cash Benefit
  • 35% of home health care maximum monthly benefit
Elimination Period
  • 90, 180 or 365 calendar days
Monthly Benefit Options (percentage of maximum monthly benefit)
  • Home Health Care: 100%, 75%, 50%
  • Assisted Living: 100%, 75%, 50%
  • Nursing Home: 100%
Inflation Protection
  • Compound Lifetime - 3%, 4%, 5%
  • Compound (20 year) - 5%
  • Simple Lifetime - 5%
  • No Inflation
Optional Benefits
  • Spouse Shared Care
  • Spouse Security Benefit
  • Spouse Waiver of Premium
  • Spouse Survivorship
  • Non-forfeiture/Shortened Benefit Period
  • Full Return of Premium
  • Return of Premium at Death Before Age 65 Less Claims Paid
  • Return of Premium Less Claims Paid
  • Waiver of Elimination Period for Home Health Care
  • Restoration of Benefits
  • Additional Benefit for Injury
  • 5-Year Rate Guarantee
Underwriting Programs
  • Modified guaranteed issue (Select underwriting only)
  • Simplified issue (Select underwriting only)
  • Full underwriting (Preferred, Select, Class I or Class II)

Benefits and features may vary by state.

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