Planning for long-term care (LTC) costs now can help you pursue your passions later. Brighthouse SmartCare is a hybrid life insurance product that provides LTC protection, a death benefit, and potential growth – making it a smart way to help protect your retirement against long-term care costs.¹
Preparation for an LTC Need
Protection From Unexpected Events
Participation in Market Growth³
Are you a financial advisor? View material created for Financial Professional Use only.
How Brighthouse SmartCare Works
Brighthouse SmartCare is a hybrid indexed universal life insurance policy. It provides a death benefit to beneficiaries and its included riders provide coverage for long-term care expenses. Follow the steps below to customize your policy.
Choose an LTC Coverage Option
The guaranteed LTC benefit is determined when you apply for a policy, subject to approval by the issuing company. This amount can grow based on the LTC coverage option you elect.
Benefit amounts have the potential to increase with market gains up to an annual maximum growth rate, but will never drop below the policy’s original amounts.4 You can select to track one or more of the following indices: S&P 500® Index (large cap), Russell 2000® Index (small cap), or MSCI EAFE Index (international).A,B,C
Fixed Growth LTC
Benefit amounts earn 5% compound growth annually, helping to protect against inflation.4
Benefit amounts remain the same over time.
Choose Your LTC Benefit Period
Each policy consists of an LTC Acceleration of Death Benefit Rider (LTC ADBR) and an Extension of Benefits Rider (EOBR) that determine the duration of coverage once a claim begins.
Choose a Premium Payment Schedule
You can choose to make either a single premium payment or annual payments for two to five years.
Brighthouse Simple Underwriting
The traditional underwriting process can make purchasing life insurance complicated and time-consuming. Brighthouse Simple Underwriting is changing that.7 Available for eligible clients ages 40 to 75 and with face amounts up to $1,000,000, Brighthouse Simple Underwriting includes:
|Ages 40 to 65||Ages 66 to 75|
|Labs or Exams8||None||None|
|Medical Records||For significant medical conditions only||Yes|
|Initial Decision||Within 24 hours of receipt of completed application||Within 24 hours of completed requirements|