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Daily Coverage

Long-Term Care Insurance policies pay a daily amount towards home care, assisted living, or nursing home. Home care is the most common claim, with 75% of claims starting at home.

Plan Duration

Average claim: 2.9 years. Assuming you don’t have a crystal ball, you don’t know how long you’ll need Long Term Care for. The chance of needing Long Term Care is 1 in 2, but the chance of needing it for over five years is much smaller. Like any insurance, you may buy this and never use it, so finding a balance is key.

Return of Premium

Add this option and you’ll be able to leave your beneficiary the total sum of all of your premiums paid, less any claims you’ve made. If the thought of buying this and never using it bothers you, guarantee a return of funds with Return of Premium.

Home Health Care on Day 1

Coverage for care at home is available with no waiting period. This 10-15% extra option is the most popular add-on rider.

Shared Coverage

Women make longer claims than men, on average. Hedge your risk with your spouse by adding a Shared Care rider to your policy.

Inflation Protection

If you're buying this thinking of using in the future, include inflation protection.

Americo Ultimate One Index 9

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Ultimate One Index 9 by Americo is a fixed indexed annuity (FIA) with a 9 year surrender charge period. In specifics, it is a single premium deferred-index Annuity. As of March 2017, the product was not available in AL MN MS NY PR VI and VT as of May 2017. The annuity provides clients with various index crediting options with the additional benefit of a declared fixed rate.

Ultimate One Index 9 Annuity Features

Issue age

The issue age restrictions stand at 0-85 years for qualified and non-qualified owners. The annuitization age is restricted to 95 years


  • Minimum for qualified and non-qualified payments – $10,000.
  • Maximum for qualified and non-qualified payments – $1,000,000.
  • Flexible premiums are not accepted with this annuity.
  • Payroll deductions-$83 for qualified payments
  • Minimum added premium- $1,000 for qualified and non-qualified payments.

Death benefit

The death benefit is equal to the policy value at the time of the annuitant’s death. This will be the greater of the GMV or the accumulation value. If a spread is applicable, it will be equal to a pro-rata portion of the total spread in the calculation of interest at death.

Free withdrawals

You can withdraw up to 10% of your contract value once on each contract year. The withdrawal will be based on accumulation. Withdrawals above the free 10% threshold will attract early withdrawal charges that gradually reduce from the first to the last year from about 9.20% in the first year to 2.10% in the ninth year.

Annuitants can also withdrawal the accumulated interest only but only after 30 days. The account must, however, remain with at least $2,000 after free withdrawals each of which must be at least $500.

Systematic withdrawals

For the Ultimate One Index 9, these are available on an annual basis. The minimum amount one can withdraw from their account is $500. The minimum account value is $2,000.

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