Long Term Care Insurance

Why consider long term care insurance? 

It covers expenses for long term care services received at home, in the community or in a nursing facility. Here are a few quick points to consider:

  • Neither health nor disability insurance will cover this kind of care.
  • Relying on government programs may not be a viable solution.
  • Without insurance, the cost of these services may have to come out of your savings or income.

Learn what long term care insurance can do to help protect your financial future.  As a benefits eligible employee, you can get this coverage for you and/or spouse at competitive group rates.  Coverage under this program is portable, so it can move with you if you change jobs, retire or leave St. Thomas.   

To see what this could mean for you, go to: www.genworth.com/groupltc and use Group ID: UST and Access Code: groupltc. Or, to speak with a Program expert, call 800 416.3624. 

Group Long Term Care Insurance is offered under Group Policy number 17459 on policy form series 7053, underwritten by Genworth Life Insurance Company.

For employees who currently have GLTC coverage under Transamerica or Genworth and have questions about their coverage, please contact Pam Devine at pam@horizonagency.com or 952-277-0671.

Genworth Life Insurance Company (Genworth) has decided to discontinue new sales of the Group Long Term Care (GLTC) Insurance policy form 7046, which the University of St. Thomas (UST) currently offered  to its employees. Genworth is exercising its right to discontinue UST’s group policy number 12033 as of December 1, 2016.