Understanding LTC Benefits
During the special enrollment period that ends May 29, 2026, eligible employees* will be able to select up to $150,000 in life insurance without medical underwriting.
The amounts listed below are illustrative. Click "Enroll Now" to see your personal rates and complete enrollment.
How does it work?
CALCULATE YOUR LTCI COST vs. BENEFIT
This sample is intended to help inform and educate and shows example rates and potential benefits for the selected conditions. Please refer to the enrollment system for final rates and underwriting eligibility. This is not an offer of coverage.
Understanding the LTC Calculator
Face Amount is the Life insurance amount you select when enrolling. A death benefit is paid out to your beneficiary when you pass away if LTC is not used.
Monthly LTC Benefit: Once you qualify for long-term care services, 4% of the Death Benefit per month can be accelerated up to a maximum of 50 months with extension of benefits.
Total LTC Benefit is your Face Amount accelerated for long-term care services for 25 months plus the extension of benefits for long-term care services that extends the LTC benefits by another 25 months plus the extra death benefit.
Extra Death Benefit is the maximum amount of death benefit that is restored once accelerated for LTC under the built-in restoration of benefits rider. You will still receive your originally purchased amount of death benefit if no LTC is used.
Monthly Premium: The estimated cost of the insurance based on your Current Age, Smoking Status, and Face Amount selected. Your total monthly payroll deductions are approximately equal to the monthly premium.
Disclaimer
This illustration is intended to help inform and educate and shows example rates for the LifeTime Benefit Term product only and potential benefits for the selected conditions.
Please refer to the enrollment system for final rates. In some rare instances, the example rates can vary from final rates due to system update timing issues.
*New Chubb LifeTime Benefit Term LTC policies are not available to employees over 70 years of age, and spouses over 60 years of age. Employees must be actively at work 20 hours per week (not on a leave of absence) to enroll.
*Spouse eligibility for LifeTime Benefit Term is dependent on their employee spouse's participation in the plan.