Boston University Long-Term Care Benefit

The Long-Term Care benefit provides protection against long-term care expenses with the added features of life insurance benefits and the build-up of cash value.

Long-Term Care services consist of qualified care received in a facility or at home for treatment of cognitive impairment or the loss of two or more of the activities of daily living.  Approximately 2 in 3 people turning age 65 will need some type of paid long-term care services in their lifetime.

This long-term care benefit is a Universal Life insurance policy with a long-term care rider through Trustmark Insurance Company.

Please take a few minutes to review this overview video on the importance of long-term care planning and the special features of this benefit: here

If you were unable to attend a live webinar for the Boston University Long-Term Care (LTC), please click on the link to view the recorded version.

* The LTC Benefit is a Long-Term Care benefit rider (in MA an Accelerated Death Benefit for Chronic Illness rider and in NY a Convalescent Care Benefit rider) and is an acceleration of the death benefit and is not Long-Term Care Insurance (except in LA and VA, where the LTC benefit is Long-Term Care Insurance).  This is different from a traditional long-term care policy or state-partnership program.  It does not provide Medicaid asset protection or tax deductibility.  It does, however, ensure that even if you don’t need to pay for long-term care expenses your family will have access to additional life insurance benefits and the build-up of cash value.  Acquiring this benefit does not preclude you from also purchasing a traditional long-term care policy on your own.