Voluntary Long Term Care Insurance (LTC)

(effective 1/1/07)

Long Term Care Insurance is defined as insurance to cover the type of care received when someone needs assistance with daily living due to an accident, illness, or advancing age, either at home or in a facility. Employees may elect to have Long Term Care Insurance with UNUM on a voluntary basis, which means that the employee pays the full cost of the premium, and is eligible for the group rate of the Plan. You may purchase this insurance for yourself, and eligible family members, such as your spouse, parent, or grandparent. In addition, you have the option to purchase different dollar amounts of coverage per month ($1,000 increments), duration of coverage (3 years, 6 years, or unlimited duration), and inflation protection. Monthly premiums are contingent on your benefit elections and the age of the enrollee. Medical release authorization forms and medical evidence of insurability will be required. For more information about Long Term Care Insurance, please contact the Senior Benefits Analyst at 617.349.8784.