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How Long Does the Average Person Need Long-Term Care?
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The Northwestern Mutual Life Insurance Company
Be ready for anything and help protect what you've worked hard for with our hybrid life and long-term care insurance. It's flexible enough to cover the costs of long-term care, or if you don't end up needing it, a payout (death benefit) when you're no longer here.
Get insuranceOur hybrid life and long-term care insurance is a whole life insurance policy with a long-term care benefit rider. It's designed to make sure you get value from your policy whether you need care or not. It gives you guaranteed coverage for qualified long-term care expenses, or will pay the death benefit in case you don't need long-term care (or just a limited amount). Best of all, it comes with the potential for the value of these benefits to grow over time through the power of dividends.1 And once your premiums are set, they'll never go up.
Get startedYou can choose the amount of long-term care coverage that is right for you, your needs, and your budget.
You'll have six years of guaranteed coverage at the maximum monthly benefit, and it can increase through long-term care dividends1 up to 10 years.
If you pass away without ever needing long-term care, your policy has a death benefit that can grow over time through life insurance dividends.1
You'll always have the option to surrender your policy2 and receive its surrender value if your circumstances change.
The cost of long-term care is often underestimated. Should you need care, it could have a big impact on your ability to fund your goals, so it's important to plan for both. Our advisors will create a financial plan based on your priorities, tailoring it from a range of financial options to give you more flexibility, and confidence to go after your goals now, and years from now. Here's what our version of financial planning can do:
The percentage of our policyowners who stay with us year over year.3
The number of people we're proud to call clients, and who put their trust in us.4
The number of years we’ve been there for our clients—through depressions, downturns, and pandemics.
Our advisors will help you plan for the right amount of long-term care coverage for you, your goals, and your budget.
It's easy to get started—no commitment, just a conversation.