Your Long Term Care Rates + Plan

You could need Long-Term Care (LTC) because of an accident, illness, cognitive impairment or simply due to aging. 

This plan is designed to help you and your family plan for the high cost of Long-Term care.

You chose your monthly benefit amount which is the maximum amount of money you have per month to spend towards your long-term care (LTC). You then choose your duration which is how long you will receive your monthly benefit payments once you are at the point of needing care. This makes up your total pool of money which is the total amount of money you have to spend on LTC.

Similar to car insurance or homeowners' insurance, if you never use the LTC benefit then you lose it.

Premiums are based on the age at which you apply for coverage. They do not increase each year as you get older. Insurance companies do reserve the right to increase rates.

When you need assistance and are certified by a physician as needing assistance with 2 out of 6 
Activities of Daily Living (ADL’s) or you are diagnosed with cognitive impairment after the first 90 days. The ADL’s are bathing, eating, transferring, toileting, continence and dressing.

Yes, the Unum policy is portable by paying your premiums directly to Unum. As long as you continue to pay your premiums, your coverage will remain in force. The rate does not change when you leave employment.