Survivor Benefits

A survivor benefit is a Long-Term Care Insurance rider for couples. This rider allows a surviving spouse to stop paying premiums if their partner passes away. 

For a survivor benefit to work, both spouses must have Long-Term Care Insurance with the survivor rider. 

If one of the spouses passes away, the surviving spouse would be able to convert their policy to paid-up status. Paid-up status means the surviving spouse would no longer need to pay premiums. 

Policies with survivor benefits usually have higher premiums while premiums are still required.