Learn About LTCI Step Rated BIO

A major concern for people who consider Long Term Care Insurance is, “Even if I buy LTCI now, will it be sufficient in the future?”

In order to answer that question affirmatively, many LTCI policies are sold with a traditional “Inflation Rider.”  The “Inflation Rider” automatically increases the amount of insurance that is available so that when you actually need the insurance you will have sufficient coverage.

However, when the traditional “Inflation Rider” is attached to the policy it can cause the premium to increase dramatically.

Transamerica has developed an option that allows you to have the benefits of both a lower premium and inflation protection when you want it.

Watch the video above to learn more about the Step Rated Inflation Rider from Transamerica.