SecureCare competitive comparison
SecureCare Universal Life Individual Life and Long-Term Care Insurance
Insurance products issued by: Minnesota Life Insurance Company
SecureCare competitive comparison See where SecureCare ranks #1 in compound inflation scenarios The following hypothetical examples are for illustrative purposes only. Each table compares Securian’s hybrid SecureCare Universal Life/LTC policy to policies from Lincoln Financial Group, Nationwide Life Insurance Company and Pacific Life Insurance Company.
KEY
The comparisons also emphasize why it’s so important to start discussing long-term care (LTC) with your clients earlier in life. Younger clients typically have better chances of being approved for coverage, and they can potentially receive a higher initial face amount and LTC benefits.
SecureCare ranks #1 SecureCare ranks #2
60-year-old male, Non-Tobacco underwriting rating and couples discount Securian
Lincoln
Nationwide®
SecureCare UL
MoneyGuard® II UL
YourLife CareMatters% UL
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$82,365 $164,730 $3,432 $164,730 $3,432
$75,951 $151,902 $3,165 $151,902 $3,165
$76,103 $152,205 $3,171 $152,205 $3,171
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
Initial face amount
Age 80 monthly LTC benefit
$67,724 $141,666 $2,822 $255,864 $5,097
$57,569 $120,424 $2,399 $217,498 $4,332
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$160,510 $481,529 $6,688 $481,529 $6,688
$149,845 $449,535 $6,244 $449,535 $6,244
$147,491 $442,474 $6,145 $442,474 $6,145
$149,181 $447,543 $6,215 $447,543 $6,215
$100,000; 6-Year benefit, 3% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$131,099 $424,000 $5,462 $765,791 $9,866
$109,789 $355,080 $4,575 $641,314 $8,262
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit, 5% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$95,002 $323,098 $3,958 $857,274 $10,503
$84,9473 $288,901 3 $3,5393 $766,541 3 $9,391 3
$80,032 $272,186 $3,335 $687,799 $8,427
$100,000 $294,543 $3,608 $781,510 $9,574
$50,000; 4-Year benefit
$50,000; 4-Year Day 1 total LTC benefits benefit, 3% Day 1 monthly LTC benefit compound Age 80 total LTC benefits inflation
All illustration and benchmarking data provided by Competitor Illustration Software, October 2017. SecureCare may not be available in all states. Product features, including limitations and exclusions, may vary by state. Life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods.
Pacific Life Pacific PremierCare® Choice 100 WL
60-year-old female, Non-Tobacco underwriting rating and couples discount Securian
Lincoln
Nationwide®
SecureCare UL
MoneyGuard® II UL
YourLife CareMatters% UL
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$88,190 $176,379 $3,675 $176,379 $3,675
$80,859 $161,718 $3,369 $161,718 $3,369
$84,686 $169,373 $3,529 $169,373 $3,529
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
Initial face amount
$63,424
Age 80 monthly LTC benefit
$132,671 $2,643 $239,619 $4,773
$52,524 $109,870 $2,189 $198,438 $3,953
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$167,023 $501,070 $6,959 $501,070 $6,959
$150,455 $451,365 $6,269 $451,365 $6,269
$157,659 $472,978 $6,569 $472,978 $6,569
$148,140 $444,420 $6,172 $444,420 $6,172
$100,000; 6-Year benefit 3% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$116,204 $375,828 $4,842 $678,786 $8,745
$115,972 3 $375,077 3 $4,832 3 $677,431 3 $8,7273
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit 5% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$68,851 $234,160 $2,869 $621,297 $7,612
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 2 N/A 2 N/A 2 N/A 2 N/A 2
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$50,000; 4-Year benefit
$50,000; 4-Year Day 1 total LTC benefits benefit 3% Day 1 monthly LTC benefit compound Age 80 total LTC benefits inflation
Pacific Life Pacific PremierCare® Choice 100 WL
Call Network Partners 1-800-927-2537
www.networkpartnersintl.com
Insurance products issued by: Minnesota Life Insurance Company
SecureCare competitive comparison See where SecureCare ranks #1 in compound inflation scenarios The following hypothetical examples are for illustrative purposes only. Each table compares Securian’s hybrid SecureCare Universal Life/LTC policy to policies from Lincoln Financial Group, Nationwide Life Insurance Company and Pacific Life Insurance Company.
KEY
The comparisons also emphasize why it’s so important to start discussing long-term care (LTC) with your clients earlier in life. Younger clients typically have better chances of being approved for coverage, and they can potentially receive a higher initial face amount and LTC benefits.
SecureCare ranks #1 SecureCare ranks #2
60-year-old male, Non-Tobacco underwriting rating and couples discount Securian
Lincoln
Nationwide®
SecureCare UL
MoneyGuard® II UL
YourLife CareMatters% UL
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$82,365 $164,730 $3,432 $164,730 $3,432
$75,951 $151,902 $3,165 $151,902 $3,165
$76,103 $152,205 $3,171 $152,205 $3,171
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
Initial face amount
Age 80 monthly LTC benefit
$67,724 $141,666 $2,822 $255,864 $5,097
$57,569 $120,424 $2,399 $217,498 $4,332
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$160,510 $481,529 $6,688 $481,529 $6,688
$149,845 $449,535 $6,244 $449,535 $6,244
$147,491 $442,474 $6,145 $442,474 $6,145
$149,181 $447,543 $6,215 $447,543 $6,215
$100,000; 6-Year benefit, 3% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$131,099 $424,000 $5,462 $765,791 $9,866
$109,789 $355,080 $4,575 $641,314 $8,262
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit, 5% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$95,002 $323,098 $3,958 $857,274 $10,503
$84,9473 $288,901 3 $3,5393 $766,541 3 $9,391 3
$80,032 $272,186 $3,335 $687,799 $8,427
$100,000 $294,543 $3,608 $781,510 $9,574
$50,000; 4-Year benefit
$50,000; 4-Year Day 1 total LTC benefits benefit, 3% Day 1 monthly LTC benefit compound Age 80 total LTC benefits inflation
All illustration and benchmarking data provided by Competitor Illustration Software, October 2017. SecureCare may not be available in all states. Product features, including limitations and exclusions, may vary by state. Life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods.
Pacific Life Pacific PremierCare® Choice 100 WL
60-year-old female, Non-Tobacco underwriting rating and couples discount Securian
Lincoln
Nationwide®
SecureCare UL
MoneyGuard® II UL
YourLife CareMatters% UL
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$88,190 $176,379 $3,675 $176,379 $3,675
$80,859 $161,718 $3,369 $161,718 $3,369
$84,686 $169,373 $3,529 $169,373 $3,529
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
Initial face amount
$63,424
Age 80 monthly LTC benefit
$132,671 $2,643 $239,619 $4,773
$52,524 $109,870 $2,189 $198,438 $3,953
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$167,023 $501,070 $6,959 $501,070 $6,959
$150,455 $451,365 $6,269 $451,365 $6,269
$157,659 $472,978 $6,569 $472,978 $6,569
$148,140 $444,420 $6,172 $444,420 $6,172
$100,000; 6-Year benefit 3% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$116,204 $375,828 $4,842 $678,786 $8,745
$115,972 3 $375,077 3 $4,832 3 $677,431 3 $8,7273
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$100,000; 6-Year benefit 5% compound inflation
Initial face amount Day 1 total LTC benefits Day 1 monthly LTC benefit Age 80 total LTC benefits Age 80 monthly LTC benefit
$68,851 $234,160 $2,869 $621,297 $7,612
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
N/A 2 N/A 2 N/A 2 N/A 2 N/A 2
N/A 1 N/A 1 N/A 1 N/A 1 N/A 1
$50,000; 4-Year benefit
$50,000; 4-Year Day 1 total LTC benefits benefit 3% Day 1 monthly LTC benefit compound Age 80 total LTC benefits inflation
Pacific Life Pacific PremierCare® Choice 100 WL
Call Network Partners 1-800-927-2537
www.networkpartnersintl.com
