Mutual Care My Way

This new addition to the Mutual Care portfolio allows you to custom-tailor a policy to meet the needs of any client thanks to a variety of coverage choices and optional benefits.

 

Mutual Care My Way

Benefit period

2 years
5 years
Lifetime

3 years
6 years

 

4 years
8 years

Maximum monthly benefit

$1,500 to $15,000 (in $500 increments)

Monthly benefit options
(percentage of maximum monthly benefit)

Home care
100%
75%
50%

Assisted living
100%
75%
50%

Nursing home
100%

Cash benefit amount

35% of home health care
maximum monthly benefit

Elimination period (in calendar days)

0
90

30
180

60
365

Inflation protection

Lifetime (3%, 4% or 5%
compounded annually)
Lifetime (5% simple)
20-year (5% compounded annually)
No inflation protection (includes option to purchase at a later date)

Optional benefits

Spouse Shared Care
Spouse Security
Spouse Waiver of Premium
Spouse Survivorship
Waiver of Elimination Period for Home Health Care
Additional Benefit for Injury
Restoration of Benefits
Return of Premium
Non-forfeiture Shortened Benefit Period

Benefits and features may vary by state

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