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 and combines the benefit of life insurance. You WILL receive a benefit, either for LTC, Life Insurance, or both.

Choose a life insurance benefit and you will receive a monthly LTC Benefit of 4% of the life insurance benefit in the event you are approved for an LTC claim.

No – the plan’s benefit does not decrease. 

Allstate will not pay benefits under the LTC rider for a period of care that begins in the 6 months after the rider date if a pre-existing condition causes the insured to be chronically ill. A period of care that begins more than 6 months after the rider date is caused by a pre-existing condition will be covered.

No, once you use the death benefit for LTC you do not receive a LTC benefit. If you use a portion of your death benefit for LTC then you will receive the remaining portion of your death benefit.

Your beneficiary will receive the death benefit upon your death.

Your beneficiary will receive the death benefit upon your death.

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. 

If you have some cash build up in your policy, then you can use that to continue to pay your premiums.  Once that is exhausted your policy lapses and you have no plan benefit. If you don’t have cash build up and stop paying premiums, then your plan benefit lapses, and you have no plan benefit.

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.

You must download and print the ‘Enrollment Verification’ after signing.

Yes, the Allstate policy is portable by paying your premiums directly to Allstate. As long as you continue to pay your premiums, your coverage will remain in force. The rate does not change when you leave employment.

Allstate has been in business since 1956 

Learn more about Allstate by visiting Home | Allstate (Allstatebenefits.com) 

No.

No.

Post-tax.

You will receive a Welcome Letter with instructions on how to create a MyBenefits account.

You can access your policy through the MyBenefits Portal.

You will receive the Welcome Letter within 10-15 business days from the end of enrollment.

Password reset – click on ‘Forgot Password’.

Enter your email address and complete the ‘Verification Code’.

Your password reset will be emailed to you.

Simplified Issue Underwriting 

1. Is the employee and the employee’s spouse if applying for life and/or accident with sickness disability rider actively at work now, for wage or profit, and has he/she worked at least 20 hours each week performing all duties of his/her regular occupation at his/her regular place of employment for at least the 3 months except for minor illness or injury of 1 week or less, or normal pregnancy.
   
2. Has any person to be insured, in the last 5 years, been diagnosed with or treated by a member of the medical profession for Acquired Immune Deficiency Syndrome (AIDS), or AIDS Related Complex (ARC), or tested positive for antigens or antibodies to an AIDS virus?
3. Has any person to be insured, in the last 6 months, been disabled or hospitalized for anything other than normal pregnancy, lacerations or broken bones due to an accident?
4. Provide health history for any “Yes” answers to the underwriting questions. Include physician’s (or other members of the medical profession) name, address, and telephone number.
5. Has any person to be insured, in the last 2 years, been diagnosed or treated by a member of the medical profession for any of the following?
6. In the last year, has the person to be insured had a systolic blood pressure reading higher than 150 more than once or a diastolic blood pressure reading higher than 100 more than one that was confirmed by a member of the medical profession? 
   
7. In the last 3 years, has the person to be insured had his/her driver’s license suspended or revoked due to driving violations, been convicted of reckless driving or driving under the influence, been involved in 3 or more motor vehicle accidents, or received 3 or more moving violations? If yes, provide details including license number and state of issue.?
8. In the last 5 years, has a member of the medical profession advised or recommended that the person(s) to be insured have any medical or surgical procedures (including organ transplant), which have not yet been performed? 
9. Provide Height and Weight
10. If applying for coverage over $150,000, provide the names and addresses of all physicians (or other members of the medical profession) for each person to be insured; the required health history section may be used if additional space is needed. 

Disclaimer: The underwriting questions within this proposal are for illustrative purposes only. The number of underwriting questions and the questions themselves can vary depending upon the state-specific application.