Employee Response Required
Key Details of the Allstate 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
You need to apply or waive your opportunity for guarantee issue* (no health questions) by 11/28/2023. This is the only time to enroll with guarantee issue (no health questions).
1. Review Rates
Benefit Features
|
A
|
B
|
C
|
---|---|---|---|
Life Insurance Face Value
|
$10,000
|
$20,000
|
$50,000
|
Monthly LTC Benefit Amount
|
$600
|
$1,200
|
$3,000
|
LTC Rider Duration
|
17 months
|
17 months
|
17 months
|
Extension of LTC Benefits
|
17 months
|
17 months
|
17 months
|
Total LTC Duration
|
34 months
|
34 months
|
34 months
|
LTC Maximum Benefit
|
$20,000
|
$40,000
|
$100,000
|
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
|
$10,000
|
Monthly LTC Benefit Amount
|
$600
|
LTC Rider Duration
|
17 months
|
Extension of LTC Benefits
|
17 months
|
Total LTC Duration
|
34 months
|
LTC Maximum Benefit
|
$20,000
|
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
|
$20,000
|
Monthly LTC Benefit Amount
|
$1,200
|
LTC Rider Duration
|
17 months
|
Extension of LTC Benefits
|
17 months
|
Total LTC Duration
|
34 months
|
LTC Maximum Benefit
|
$40,000
|
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
|
$50,000
|
Monthly LTC Benefit Amount
|
$3,000
|
LTC Rider Duration
|
17 months
|
Extension of LTC Benefits
|
17 months
|
Total LTC Duration
|
34 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
|
2. Apply by 11/28/2023 or Waive Your Opportunity for Guarantee Issue*
*Benefit Eligible Employees working 30+ hours per week ages 18-70 can apply with Guarantee Issue (No Health Questions Asked) up to $200,000 of Life Insurance Benefit and ages 18-80 can apply up to $250,000 Life Insurance Benefit subject to medical underwriting. Working Spouses and Partners ages 18-70 may also apply for their own policy with Guarantee Issue (No Health Questions) up to $75,000 Life Insurance Benefit and ages 18-80 up to $150,000 subject to medical underwriting approval. Non-Working Spouses and Partners ages 18-70 may also apply for their own policy with Guarantee Issue (No Health Questions) up to $10,000 Life Insurance Benefit and ages 18-80 up to $50,000 subject to medical underwriting approval.
**In the event of a discrepancy between the premiums shown here and the carrier rate calculation, carrier's information will prevail.