LTC Insurance FAQs

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 – eligible spouses can apply for coverage.

Yes, your spouse must complete their own Benefit Election Form and Evidence of Insurability Form.

You will receive a PDF copy of the Benefit Election Form and Evidence of Insurability emailed to you once submitted.

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.

Unum has been in business since 1848.
Learn more about Unum by visiting www.unum.com.

Yes, you can use pre-tax dollars from an HSA to reimburse yourself for long-term care insurance 
premiums up to the limits listed in the chart below. For specific questions, please contact your HSA administrator.

No.

Post-tax.

You will receive a copy of your Confirmation of Coverage via email from LTC Solutions.

You will receive your policy documents within 30 days from the date your application is approved.

Please call LTC Solutions at (877) 286-2852.