Long-term Care Insurance with Unum
SDPEBA is proud to offer long-term care insurance with Unum. We feature four comprehensive long-term care insurance plans that cover you in case you come to need long-term care.
This plan is unique and is not offered to the general public, only to SDPEBA members and their families. This plan is also special because it features year-round enrollment, meaning you could sign up for one of the rarest types of insurance today.
Click here to Schedule a Long-Term Care Call
What is Long-Term Care Insurance, and why would I need it?
Currently, 14 Million Americans pay for long-term care services. That number is expected to grow to 27 million in the next 30 years due to advancements in medicine that prolong and sustain life. The average recipient of long-term care services pays a total of $250,000 during the most vulnerable years of their life*.
Long-term care refers to the care you need when you can no longer perform routine activities that most people don’t give a second thought: things like bathing, dressing, eating, or getting out of bed. This is the kind of care given to people who suffer from illness, injury, or old age.
These services are often expensive and put a financial burden on the individual and their friends and family. However, there are coverage options available to you should you need long-term support services.
Long-term Care Insurance is insurance that covers you in case you need these services, and unfortunately, it is considered one of the most-difficult types of insurance to get today.
Plan Highlights
-These plans feature group rates that lower your premium costs. Our group plans are 40% less than most individual plans!
-Provides benefits that cover both in home and at a home services.
-This plan is 100% portable and will follow you between jobs and when you retire.
-This plan is also payroll deductible and can be expanded to include any member of your family.
-This plan offers 5% compound inflation options with no cap, meaning your benefits grow over time.
-The plan offers a minimum monthly coverage of $3,000 and a maximum monthly coverage up to $8,000.
-The plan also allows you to choose between 3-year, 6-year, and unlimited benefit duration.
- Its guaranteed issue for new hires within 30 days of being hired).
For more information about LTC click here.
*Information taken from American Association for Long-Term Care Insurance.
Click here to Schedule a Long-Term Care Call
If you have any questions about Unum or any of your other benefits check out our support page where you can ask us questions directly. You can also email us at [email protected] or give us a call at: 888-315-8027.