Get the coverage you need.
Won't my other insurance pay for long term care?
Unfortunately, no.
- Medical insurance and Medicare are designed to pay for
specific care for acute conditions — not for long term help
with daily living.
- Medicaid only helps with long term care expenses after you
have depleted virtually all of your assets. The exact amount
varies by state but usually leaves just a few thousand dollars
in total assets.
- Only long term care insurance may cover those costs and allow you to maintain as much of your assets as possible.
Do I need to be in a nursing home to use my LTC insurance?
If the plan includes a home health option, it will allow you to
use your benefit to pay for an aide to come to your home, so
you can remain in your residence as long as possible. For an
extra premium, some plans allow you to pay a family member
or friend to take care of you.
Why buy now?
People often buy long term care insurance at an early age,
because the younger you are, the more affordable the rates.
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Can Unum raise my LTC insurance premium or cancel my policy?
- We will not cancel your coverage as long as your premiums are paid within
your grace period.
- Premiums will not increase as you age or if a claim is filed.
- If premium rates are increased, it is done on on a class basis, meaning
that a change in rate would apply to everyone in that class. Your rates can
never be raised for your policy alone
Why buy coverage at work?
- You may get more affordable rates when you buy this
coverage through your employer and you may extend your
coverage to your parents and spouse.
- Depending on your plan, you may be able to pay your premiums through convenient payroll deduction.
- Your employer has selected coverage from Unum, the leading provider of group LTC insurance for employees in the U.S.5
Additional help for caregivers
Even if you don't need long term care in the immediate
future, you may be a caregiver for someone you love. As a
Unum LTC customer, you have access to experienced claim
professionals who can asnwer your claim quesitons and review
whether long term care facilities and home service agencies
are approved by Unum.
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