A complete financial plan includes coverage for life’s unknowns, including the possibility of needing long-term care. If you’re looking for long-term care protection, Nationwide CareMatters® II could be a good fit.

What is CareMatters® II?

It’s long-term care coverage linked to a fixed-premium universal life insurance policy that includes a death benefit. Watch our video to learn more about how it works.

The cash indemnity difference

Nationwide's LTC solutions are different from most LTC products because they offer a cash indemnity benefit, which means:

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There's no need to submit monthly bills or receipts once a claim is approved

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You may choose to receive care at home1

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Informal caregivers are permitted, including family members2

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Nationwide® places no restrictions on how LTC benefits can be used

One of Nationwide’s solutions for long-term care

We designed CareMatters® II with choice, control and flexibility to meet your unique needs.

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No receipts required
Unlike some LTC policies, you won’t have to submit bills and receipts to Nationwide and wait to get reimbursed (once you qualify to receive your LTC benefit). You will always know how much your monthly benefit will be. Nationwide places no restrictions on how benefits can be used, so you can even pay immediate family members or less-expensive, unlicensed caregivers if you choose.3

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Premiums won’t increase
Stand-alone LTC insurance premiums are not guaranteed and may increase over time. With CareMatters II, your premium is guaranteed never to increase. Plus, your LTC benefits are guaranteed never to decrease.4

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No “use it or lose it” risk
If you have stand-alone LTC coverage and don’t end up needing long-term care, your money may go to waste. With CareMatters II, if you never use your LTC benefits there is a death benefit that you can leave to beneficiaries.5

Even if you use all your LTC benefits, there is a guaranteed minimum death benefit for your beneficiaries.

Available options for CareMatters II

Payment options

  • Pay one time (single-pay)
  • Pay annually or monthly for 5 or 10 years
  • Pay annually or monthly to age 65 or to age 1006

Inflation options

  • None
  • 3% simple
  • 3% compound
  • 5% compound
  • U.S. Medical Care Inflation option7

Years of coverage options

  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 6 years
  • 7 years

How to buy long-term care coverage

You need to work with an insurance professional to buy this type of product. If you don't have one, our life insurance specialists are here to help.

Give us a call today at 1-855-863-9639 for a no-obligation consultation.

Schedule a call

Hours of operation are 9 a.m. to 8:30 p.m. ET, Monday through Friday.

Talk to your life insurance professional to find out if CareMatters II may be right for you.

When choosing a product, make sure that life insurance and long-term care insurance needs are met. Because personal situations may change (i.e., marriage, birth of a child or job promotion), so can life insurance and long-term care insurance needs. Care should be taken to ensure these strategies and products are suitable. Associated costs, as well as personal and financial objectives, time horizons and risk tolerance, should all be weighed before purchasing a product. Life insurance, and long-term care coverage linked to life insurance, has fees and charges associated with it that include costs of insurance, which vary based on characteristics of the insured such as sex, tobacco use, health and age; and additional charges for riders that customize a policy to fit individual needs.

This policy has exclusions, limitations and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, call your producer or Nationwide. You can reach Nationwide at 1-866-207-9160.

[1] The plan of care prepared by a U.S.-licensed health care practitioner should state that care from family members or other informal caregivers is appropriate.
[2] Under certain circumstances, benefits may be taxable. You should consult a tax advisor.
[3] Informal care should be deemed appropriate and outlined in the Plan of Care prepared by a U.S.-licensed health care practitioner.
[4] Assuming no partial surrenders, loans or acceleration of death benefit for terminal illness are taken, and all premiums are paid on schedule.
[5] May be reduced by loans or partial surrenders.
[6] Some restrictions exist on pay to age options.

[7] The Medical Care Component of the Consumer Price Index for All Urban Consumers, Unadjusted (the “Index”), is maintained by the U.S. Bureau of Labor Statistics.

The actual rate of inflation in long-term care costs may be different than the experience of the Index.

The contents of this website may be viewed in any jurisdiction; however, Nationwide CareMatters II is offered or will be sold only in jurisdictions where such offer or solicitation is lawful. The availability of Nationwide CareMatters II and/or some of its features or options varies by state. Nationwide CareMatters II is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.

The Medical Care Component of the Consumer Price Index for All Urban Consumers, Unadjusted (the “Index”), is maintained by the U.S. Bureau of Labor Statistics. Nationwide’s use of the Index is not sponsored, endorsed or promoted by the U.S. Bureau of Labor Statistics, The U.S. government, or any of its agencies. Inclusion of the Index in an insurance product is not a recommendation by the U.S. government to buy such a product. Neither the U.S. government nor the U.S. Bureau of Labor Statistics guarantees the adequacy, accuracy, timeliness or the completeness of Nationwide’s use of the Index. The actual rate of inflation in long-term care costs may be different than the experience of the Index.

Nationwide CareMatters is a service mark of Nationwide Mutual Insurance Company.