Long-Term Care with Life Insurance

Enroll May 20 - June 7

Unlock Peace of Mind

Long-term care is the support you need when you're facing a long-term health issue or the effects of aging. It's comprehensive, ongoing, and can often exceed the average American income.

Take advantage of this special enrollment opportunity to offset long-term care costs when you need it—and support your loved ones after you’re gone.

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What is Long-Term Care with Life Insurance?

This program is a Universal Life Insurance Policy with Long-Term Care (LTC) Benefits. It provides dual protection for the cost of LTC and financial support for your beneficiaries after you are gone.

Webinar 1
May 22 | 2:00 PM Eastern Time

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Webinar 2
June 4 | 11:00 AM Eastern Time

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What's special about this plan?

Eligible employees cannot be turned down because of their health.±

Eligible employees may extend coverage to their spouse/domestic partner.

Lock in a lower rate. Your premium is always based on the age when your policy became effective.

Take your coverage with you at the same cost should you leave your employer.

Long-Term Care and Life Insurance coverage in one policy.

Convenient payment through payroll deduction.

Why does Long-Term Care Planning matter?

Long-Term Care services are usually not covered by your Health Insurance, Disability Insurance, or Medicare. 

LTC Insurance can save you from paying 100% out-of-pocket for future long-term care costs.

Average Monthly Cost of Care: Delaware
‍
Want more details? See LTC costs in your area here.
  • In-Home Care
  • $5,625
  • Assisted Living
  • $7,425
  • Nursing Home
  • $11,893
LTC costs are on the rise ... and retiree income might not be enough to keep up.  Projections show that LTC costs will more than double over the next 30 years.
But, the average income of persons over 65 is only $59,872. Securing coverage now can help you offset the costs of LTC.†
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How does it work?

1. Make The Most of Your Life Insurance

Don’t need long-term care during your lifetime? The death benefit is still available to your beneficiaries*.

2. Access Both Life and Long Term Care Benefits

For example, receive 4% per month, maximum 50 months with extension of benefits, of your life insurance amount for your LTC benefit*.

 * The death benefit is reduced to one-third at age 70 or on the 15th policy year, whichever is later for those who select the LifeEvents plan option.

Get up to 3x your original benefit amount in total coverage

Your rate is based on the death benefit coverage amount, but you may receive up to double the original death benefit in long-term care coverage.

Table showing examples of how different benefit amounts translate max benefit amounts when death benefit and long-term care benefits are combined

To see more benefit amount and rate examples, visit the Rate Calculator.

Who is eligible for this benefit?

  • Employees actively at work, full time (20 hours per week)
  • Guaranteed Issue up to $150,000 for employees ages 18 to 64
  • Guaranteed Issue is available for eligible employees ages 18-64 - meaning employees cannot be turned down during the initial enrollment period because of their health.
  • Employees age 65-70 will be required to complete medical underwriting and will receive a traditional Universal Life policy. It is important to note LTC is not available for applicants over 70 years of age.
  • Spouses and domestic partners are eligible for coverage.
  • Children through the age of 22, who are biological, adopted, stepchildren, or children under legal guardianship.
  • Grandchildren through the age of 18 are eligible for standalone coverage but are not eligible for the child term rider.
  • Other family members such as parents, siblings, etc. are not eligible for coverage.
  • Only available for US employees.

Application questions and number of questions vary by state.

HomeFAQs

Guaranteed Issue is available only during the initial enrollment period. Check your rate with no obligation to enroll.

Check Your Rate

Trustmark® and LifeEvents® are registered trademarks of Trustmark Insurance Company. Underwriting conditions may vary and determine eligibility for the offer of insurance. Benefits, definitions, exclusions and limitations, naming conventions and availability may vary by state. For a list of disclosures, exclusions and limitations that may apply, visit www.trustmarksolutions.com/disclosures/UL. Universal life insurance underwritten by Trustmark Insurance Company, Lake Forest, Illinois, in NY it is underwritten by Trustmark Life Insurance Company of New York. 1*

‍In NY, the LTC Benefit is the Convalescent Care Benefit.  The LTC Benefit is an acceleration of the death benefit and is not Long-Term Care Insurance (except in FL, LA and VA, where the LTC benefit is Long-Term Care Insurance.) It begins to pay after 90 days of confinement or services, and to qualify you must meet conditions of eligibility for benefits. The LTC benefits provided by this policy may not cover all of the policyholder’s LTC expenses. Pre-existing condition limitation may apply. Your policy will contain complete details. You should consult a financial advisor to determine if the long-term care benefits and the retirement benefits provided by this policy are right for you.

±If you select a death benefit within the program’s Guaranteed Issue amount and are between the ages of 18 and 64.
† Section References: LIMRA and Life Happens, 2017 Insurance Barometer Study. Windsor, CT.
Associated Press-NORC Center for Public Affairs Research. Long-Term Care in America: Expectations and Preferences for Care and Caregiving. Chicago, IL. 2016
Hayes, Tara O. and Kurtovic, Sarah. American Action Forum. The Ballooning Costs of Long-Term Care. 2020
LaPonsie, Maryalene. U.S.News. What Is a Good Monthly Retirement Income? 2023