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Reply to Nationwide International Coverage Question     
Old 09-05-2017, 05:19 PM   #1
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Join Date: Nov 2009
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State: yankee466 is an Insurance Agent from Georgia
Nationwide International Coverage Question Nationwide International Coverage Question
Anyone know off hand if Nationwide....as an indemnity plan.....covers anything better internationally than the LABR coverage of a MG or PacLife. Trying to find out mainly options for HHC etc. If anyone know of any other product options for someone potentially returning to India and does not want LTC benefits to be watered down too badly. I miss MedAmerica for international options.

I don't have any Nationwide Documents handy.

Thanks

update...never mind......found the reference in the illustration I ran. Still limited to a % of LABR

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Herman Bruns
Atlanta, GA
404-272-9249

[email protected]

Last edited by yankee466; 09-06-2017 at 04:57 PM.
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Old 09-07-2017, 11:30 AM   #2
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State: kpbdy99 is an Insurance Agent from Maine
Nationwide International Coverage Question Re: Nationwide International Coverage Question
Mutual of Omaha has the best international benefit right now for traditional LTCi.

As far as NW CareMatters:
International benefits: If the insured lives out of the country during the benefit period, the policy will pay 50% of the maximum monthly benefit amount of the LTC acceleration rider and 50% of any LTC inflation protection rider. No international benefits are available under the LTC Extended Benefit rider.◦The maximum lifetime benefit is not reduced, but it will extend the period that the maximum lifetime benefit is paid out.
◦If the insured returns to the U.S., the amount available each month will return to 100% of the maximum monthly benefit.
◦Extension of benefits availability will resume if the insured returns to the U.S. and the maximum lifetime benefit amount is not exhausted.
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Old 09-07-2017, 12:17 PM   #3
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State: yankee466 is an Insurance Agent from Georgia
Nationwide International Coverage Question Re: Nationwide International Coverage Question yankee466 is the thread starter for: Nationwide International Coverage Question

Originally Posted by kpbdy99 View Post
Mutual of Omaha has the best international benefit right now for traditional LTCi.

As far as NW CareMatters:
International benefits: If the insured lives out of the country during the benefit period, the policy will pay 50% of the maximum monthly benefit amount of the LTC acceleration rider and 50% of any LTC inflation protection rider. No international benefits are available under the LTC Extended Benefit rider.◦The maximum lifetime benefit is not reduced, but it will extend the period that the maximum lifetime benefit is paid out.
◦If the insured returns to the U.S., the amount available each month will return to 100% of the maximum monthly benefit.
◦Extension of benefits availability will resume if the insured returns to the U.S. and the maximum lifetime benefit amount is not exhausted.
Thanks for the response.
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