This rider helps protect against the rising costs of LTC services.
If the rider is elected, the policyowner will receive a separate monthly benefit that’s based on the monthly maximum LTC rider benefit amount. The monthly benefit will increase annually at the beginning of each policy year starting on the first anniversary, regardless of whether claims are being paid.
If the policyowner elects the inflation protection rider, these options are available:
- 3% simple interest
- 5% compound interest
For more information or to make a case, contact your Nationwide wholesaler at 1-800-321-6064.