Long-Term Care Agreement Supplemental ApplicationLong-Term Care Agreement • November 1st, 2013
Contract Type FiledNovember 1st, 2013THIS 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.