Overview
Nearly half of all Americans will need long-term care at some point in their lives, and one in five over the age of 50 is at a high risk of needing it in the next 12 months. Injuries and ailments can happen to anyone and at any age.
Long-term care services are not meant to cure an illness or injury. Long-term care is needed when people become unable to care for themselves and require help doing the "everyday things" taken for granted, like getting out of bed, bathing, dressing and eating. Long-term care typically requires care for a lengthy period, at home or in a facility that provides long-term care services.
Travelers offers employees the opportunity to purchase long-term care insurance through MetLife. By participating in this plan, you can help to provide greater financial security for you and your family by providing coverage for expenses that are typically not covered by medical or disability income insurance. Available levels of coverage include daily benefit amounts of $100, $150, $200 or $250 for facilities only or comprehensive coverage.
Additional Details
Comprehensive information about the long-term care insurance plan is available within the Long-Term Care Insurance Benefits Plan Summary (PDF). In addition, below are links to some important information about this plan. If there are any discrepancies between the information in the Long-Term Care Benefits Plan Summary or on this site and the MetLife Certificates of Coverage, the Certificates of Coverage will govern.
Eligibility
You are eligible to participate in the long-term care plan if you are a regular status, full-time or part-time salaried employee of Travelers.
The long-term care plan is also offered to all eligible dependents of Travelers employees including spouses, surviving spouses, domestic partners, parents and parents-in-law and grandparents and grandparents-in-law.
Domestic partner coverage is available to the extent permitted by state insurance regulations and subject to satisfying the MetLife domestic partner application form (included in the long-term care enrollment kit provided by MetLife).
For additional information regarding eligibility for the long-term care program, please refer to the Long-Term Care Insurance Benefits Plan Summary (PDF). If you have questions, contact the Employee Services Unit (ESU) at 4-ESU@travelers.com or 800.441.4378.
Cost
Premiums for long-term care are deducted from your paycheck on an after-tax basis. Premiums are based on your coverage selections, and your age on the effective date of your coverage.
Related Programs & Resources
Please review the "Income Protection" section of the Benefits Web site for additional information about benefits offered by Travelers in order to protect your financial well-being.
How to Enroll
You can enroll in the plan on-line by visiting MetLife's Web site or by completing a paper enrollment form. Family members enroll by completing a paper enrollment form. To request an enrollment kit for yourself or your eligible family member(s), you can call MetLife at 800.438.6388.
Please note that you can enroll in the long-term care plan without submitting a Statement of Health if you enroll within 90 days of your date of hire. If you do not enroll within 90 days of your date of hire, you must complete a Statement of Health. Family members must always complete a Statement of Health.
|
