$300,000 VARIABLE ANNUITY CASH SURRENDER VALUE
1035 EXCHANGE TRANSFER TO THE RELIABLE LIVING PLAN**
THE RELIABLE LIVING PLAN PAYS $4,722 A MONTH TO HELP COVER CARE COSTS*
This is a hypothetical example illustrating the advantages of the Reliable Living Plan. Each case is different. Actual results will vary. Example assumes continued eligibility for benefits, receipt of qualified long-term care services, and annual certification of chronic illness. Actual monthly benefit amounts will vary based on overall health status and amount of premium paid at the time of policy issue.
* Under current IRS rules, benefit amounts that are in excess of the greater of (1) the stated per diem dollar amount allowable under section 7702B or (2) the actual dollar amount of qualified long-term care expenses, are taxable.
** Under IRC Section 7702B, annuity or cash value life insurance can be transferred into a qualifying long-term care insurance policy through a 1035 Exchange.