Products and optional features are subject to state and firm availability.įoreCare fixed annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. Taxable distributions (including certain deemed distributions) are subject to ordinary income taxes, and if made prior to age 59½, may also be subject to a 10% federal income tax penalty. Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable. ![]() ![]() It’s not acting in any fiduciary capacity with respect to any contract and/or investment. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It should not be considered, and does not constitute, personalized investment advice. This material is intended to provide educational information regarding the features and mechanics of the product and is intended for use with the general public. Withdrawals, other than for qualified long-term care expenses, will adversely affect the amount of coverage for long-term care benefits in the future. The additional coverage in excess of the Contract Value is only available to use for a qualified long-term care benefit and will not become part of the contract value or the death benefit. Benefits are subject to a maximum monthly benefit. ![]() Costs are based on 12, 30-day monthly periods at 8 hours a day.Ģ The ForeCare Multiplier provides two or three times (depending on underwriting eligibility) the amount of contract value in long-term care coverage to spend on qualified long-term care expenses.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |