Lincoln Financial MoneyGuard is a long-term care (LTC) insurance product that provides a cost-effective way to manage potential care needs in the future. It offers flexible financial protection for individuals and families, enabling them to cover the costs associated with needing long-term care.
Here are the key features of Lincoln Financial MoneyGuard:
• Flexible coverage options: MoneyGuard offers a variety of options, enabling users to pick the right coverage for their individual needs. Its features range from an immediate lump sum benefit to an annuity-like payment that can last a lifetime.
• Financial protection: MoneyGuard helps protect savings and maintain a sense of financial security by providing fixed monthly payments, access to joint coverage discounts, and more. It also helps protect against inflation to ensure that the coverage amount remains relevant for future medical expenses.
• Tax-favorable status: All of Lincoln Financial MoneyGuard's benefits are tax-free and can help maximize your financial security by reducing your taxable income.
• Comprehensive coverage: MoneyGuard covers a range of LTC services, including home health care, voluntary assisted living, nursing home care and hospice care, offering quality care options to help you and your loved ones maintain your independence.
If you're interested in learning more about Lincoln Financial MoneyGuard, you can read more here: https://www.lfg.com/public/productDetail?productId=22