Access receipt-free cash for informal care at home

Lincoln MoneyGuard III seeks to provide long-term care benefits that are flexible, customized and evolve with your clients’ changing care needs. Our solution, lets policyholders access receipt-free cash through their Flex Care Cash benefits to compensate caregivers, including spouses or family members.

Using this feature, your clients may receive cash, equal to half of their daily LTC benefits (around one-third of the Max Monthly LTC benefit), to pay for informal care for up to 5 days a week.Plus, they still keep the remaining balance of their Max Monthly LTC benefit for reimbursement of qualified LTC expenses.

Flex care cash is available as long as the specified amount remains and informal care is approved as part of the Plan of Care.