Key Details of the Chubb Life + Long-Term Care (LTC) Benefit:
- Three ways to receive benefits: LTC, Life Insurance, or LTC + Life Insurance
- Issue age rates - Life Insurance rates do not increase due to age
- Coverage is portable
- Other benefits do not cover LTC expenses
To receive guarantee issue* (no health questions), you need to apply by 11/1/2024.
1. Review Rates (additional plan options available*)
|
Benefit Features
|
A
|
B
|
C
|
|---|---|---|---|
|
Life Insurance Face Value
|
$25,000
|
$50,000
|
$75,000
|
|
Monthly LTC Benefit Amount
|
$1,000
|
$2,000
|
$3,000
|
|
LTC Rider Duration
|
25 months
|
25 months
|
25 months
|
|
Extension of LTC Benefits
|
25 months
|
25 months
|
25 months
|
|
Total LTC Duration
|
50 months
|
50 months
|
50 months
|
|
LTC Maximum Benefit
|
$50,000
|
$100,000
|
$150,000
|
|
Monthly Premium**
|
Select age
|
Select age
|
Select age
|
|
Spouse Monthly Premium
|
Select age
|
Select age
|
Select age
|
|
Total Monthly Premium Without Marital Discount
|
Select age
|
Select age
|
Select age
|
|
Total Monthly Premium With Marital Discount
|
Select age
|
Select age
|
Select age
|
|
Benefit Features
|
A
|
|---|---|
|
Life Insurance Face Value
|
$25,000
|
|
Monthly LTC Benefit Amount
|
$1,000
|
|
LTC Rider Duration
|
25 months
|
|
Extension of LTC Benefits
|
25 months
|
|
Total LTC Duration
|
50 months
|
|
LTC Maximum Benefit
|
$50,000
|
|
Monthly Premium**
|
Select age
|
|
Spouse Monthly Premium
|
Select age
|
|
Total Monthly Premium Without Marital Discount
|
Select age
|
|
Total Monthly Premium With Marital Discount
|
Select age
|
|
Benefit Features
|
B
|
|---|---|
|
Life Insurance Face Value
|
$50,000
|
|
Monthly LTC Benefit Amount
|
$2,000
|
|
LTC Rider Duration
|
25 months
|
|
Extension of LTC Benefits
|
25 months
|
|
Total LTC Duration
|
50 months
|
|
LTC Maximum Benefit
|
$100,000
|
|
Monthly Premium**
|
Select age
|
|
Spouse Monthly Premium
|
Select age
|
|
Total Monthly Premium Without Marital Discount
|
Select age
|
|
Total Monthly Premium With Marital Discount
|
Select age
|
|
Benefit Features
|
C
|
|---|---|
|
Life Insurance Face Value
|
$75,000
|
|
Monthly LTC Benefit Amount
|
$3,000
|
|
LTC Rider Duration
|
25 months
|
|
Extension of LTC Benefits
|
25 months
|
|
Total LTC Duration
|
50 months
|
|
LTC Maximum Benefit
|
$150,000
|
|
Monthly Premium**
|
Select age
|
|
Spouse Monthly Premium
|
Select age
|
|
Total Monthly Premium Without Marital Discount
|
Select age
|
|
Total Monthly Premium With Marital Discount
|
Select age
|
2. Apply by 11/1/2024 or Waive Your Opportunity for Employee Guarantee Issue*
*Benefit Eligible Employees working 20+ hours per week ages 19-70 can apply with Guarantee Issue up to $100,000 of Life Insurance Benefit and can apply up to $225,000 Life Insurance Benefit subject to medical underwriting. Employees ages 71-80 can apply up to $50,000 with medical underwriting. Spouses require Underwriting consideration for all levels of coverage. Participation requirement of 10 approved employee applications and 50% active enrollment needed to offer Guaranteed Issue. If the policy selected requires underwriting, premiums will be paid prior to policy approval to match the effective date. If underwriting is denied and employee is eligible for GI, the policy will be issued at the GI limit and Chubb will refund overpaid premiums. If underwriting is denied and applicant is not eligible for GI, Chubb will refund all premiums paid.
**In the event of a discrepancy between the premiums shown here and the carrier rate calculation, carrier's information will prevail.