Common Contracts

1 similar Long-Term Care Agreement contracts

Long-Term Care Agreement Supplemental Application
Long-Term Care Agreement • November 1st, 2013

THIS AGREEMENT IS INTENDED TO BE A TAX QUALIFIED LONG-TERM CARE INSURANCE BENEFIT UNDER SECTION 7702B(b) OF THE INTERNAL REVENUE CODE. BENEFITS PAID UNDER THIS ACCELERATED BENEFIT AGREEMENT FOR LONG-TERM CARE COVERAGE MAY BE TAXABLE. IF SO, YOU OR YOUR BENEFICIARY MAY INCUR A TAX OBLIGATION. AS WITH ALL TAX MATTERS, YOU SHOULD CONSULT YOUR PERSONAL TAX ADVISOR TO ASSESS THE IMPACT OF THIS BENEFIT.

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