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Long Term Care Insurance

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Planning ahead matters. Life can bring unexpected challenges, and Long Term Care (LTC) insurance helps protect your savings from the high costs of care if you can no longer live independently. With premiums locked in at the age you purchase coverage, LTC provides peace of mind by helping cover expenses for home care, assisted living, or nursing facilities—so you can focus on your well-being without worrying about draining your finances.

We’ve partnered with Allstate to offer Long-Term Care (LTC) Insurance as a voluntary benefit. You can elect coverage at any time during the year, but guaranteed approval—no health questions required—is only available when enrolling during the 2026 and 2027 Open Enrollment periods.

Here’s How it Works:

Long-Term Care Insurance

YourCare360

Diversified's custom web portal that provides caregiving resources, assistance to those in a caregiving crisis with family members right now and access to services such as home improvement, care assessment, financial planning and more.
Fixed Rates

Rates never change for the life of the policy.
Protection

Employee & Spouse policies with a max benefit amount of $400K with a 6% monthly payout for upto 34 months.
Trigger

LTC benefits are triggered when assistance is required for any 2 of 6 activities of daily living.
Dedicated Support

Stay with the same LTC consultant from enrollment through claims processing
Dual Policy

LTC purchases as a rider to life insurance eliminates use it or loose it concerns of stand alone policies and provide a death benefit. **Does not replace life and ltd coverage.

Frequently Asked Questions

Who can apply?

Regular employees aged 18–80, working 32+ hours per week for full-time or 20+ hours per week for part-time.
Spouses/domestic partners of employees aged 18–80.
Those ages 71-80 are eligible for Life Insurance only and coverage will not include Long-Term Care.

What are the roles and responsibilities of Allstate and Acsia Partners?

Allstate: Provides the Life Insurance + Long-Term Care coverage and is responsible for processing future claims.
ACSIA Partners: Manages the education and communication of the benefit and offers enrollment support through their consultants.

Is coverage guaranteed?

Guaranteed Approval (no health questions) is available for employees aged 18–70 up to $200,000 during the special enrollment period from October 14 – November 11, 2025.
Working spouses/domestic partners aged 18–70 can apply for up to $50,000 while non-working spouses/domestic partners may enroll for up to $10,000.
Those ages 71-80, enrolling above guaranteed approval maximums or enrolling outside the special enrollment period must answer health questions before coverage is issued.

Where can long-term care benefits be used?

At home: Preferred by most individuals.
Assisted living facilities: Social and custodial care in a home-like setting.
Skilled nursing facilities: 24-hour medical and custodial care under a registered nurse’s supervision.

Does this replace my Prudential Basic and Supplemental Life Insurance offered by Diversified?

No. This benefit is in addition to your existing life insurance options and does not replace any employer provided or optional coverage. The life insurance benefit that is paired with the long-term care insurance coverage is an added bonus and provides the benefit if long-term care is not needed, protecting your investment.

Does health insurance cover long-term care? What about Medicare and Medicaid?

No. Traditional health insurance covers medical care, not custodial care.

Medicare: Covers medical care, not custodial care.
Medicaid: Covers Long-Term Care but requires meeting strict financial qualifications.

How is disability insurance different?

Disability insurance replaces income if you’re unable to work. Long-Term Care benefits pay for services
needed for daily living.

Will my rates change if I leave Diversified?

No. This policy is fully portable, and your rates remain the same.

Did you know...

The average annual cost of LTC ranges from $55,000 to $128,000 — and is expected to rise 5–6% each year. On average, women need care for about 3.7 years, compared to 2.2 years for men. About 1 in 5 people who need LTC require it for more than 5 years (source: U.S. Department of Health and Human Services).

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