Care Conversion Option Rider (CCOR)

One of the key reasons to evaluate conversion privileges on term insurance has always been to protect insurability for a permanent life insurance policy.

With Guardian’s Care Conversion Option rider, you can help ensure the ability to purchase the Accelerated Death Benefit for the Long Term Care Services (LTCR) rider...without requiring additional underwriting when you convert in the future! Preparation for today, and tomorrow.

With the Care Conversion Option rider – Guardian has created a rider that can guarantee your ability to add an accelerated death benefit for long term care services upon conversion, therefore, helping to solve the problem of possible disqualification from access to the LTCR rider if your underwriting status changes in the future.

You simply add the rider at issue for an additional charge, and that rider will be available for you upon conversion. When you convert a policy, your permanent policy will be eligible to include the Long Term Care Services rider.

The Care Conversion Option is an additional rider that must be added at issue of your term policy. It cannot be added to existing contracts. The Care Conversion Option allows conversions that happen within the first 5 years to add the LTC rider without any additional underwriting. Learn more here.