How do we enter CareShield Life in Insurance Plans?

You can enter CareShield Life in the insurance by selecting the Plan Type "Long-Term Care".

1. Create a Insurance Plan
2. Choose "Long-Term Care" as the main Plan Type
3. Under Insurance Benefit, choose "Long-Term Care" as the benefit type
4. There are several options for creating the Long-Term Care
   • Coverage Type
     • Level or Increase 
     • If you choose increase, you can choose the age the increase stops
       • This is useful to model the CareShield Life where the payout will increase until age 67.
   • Payout Type
     • Fixed or Lifetime
       • This allows you to choose if the payout is lifetime or fixed.

E.g. Basic CareShield Life 

- Payout amount starts at $600/year and increase until 67.

- Payout is for lifetime.