Long Term Care Insurance

In response to employee requests, the College is happy to announce the addition of a Long Term Care benefit plan through Genworth Financial.

Long Term Care insurance helps people live as independently and safely as possible when they can no longer perform everyday activities on their own and provides protection for families from the financial and emotional burdens of long term care. 

What is Long Term Care Insurance

You could need LTC because of an accident, illness, cognitive impairment or simply due to aging. Unless you have experienced the financial and emotional impact of long-term care services, you may not be aware of the need or the cost of such services. Costs for facility care or a home health aide can be significant. Long Term Care Insurance can help.

Long term care insurance provides a “safety net” to help you afford long term care if you experience the need for care.  With this insurance coverage, you decide the level of LTC coverage you wish to purchase. The coverage includes a monthly maximum benefit and a lifetime maximum benefit. The cost of this coverage depends on the coverage level you choose and your age when you apply.  The coverage is also portable, so if you retire or leave Roanoke College, your coverage continues as long as you continue to pay the premiums. 

Eligibility

 To apply for the program, you must submit your application to Genworth Life:

  •  Active full-time benefit-eligible employees under the age of 66 who are working 20 or more hours per week are eligible to apply with limited medical underwriting.
  • Family members of employees can also apply for coverage if they are between the ages of 18 and 75. Eligible participants include spouses, adult children, parents or in-laws, grandparents and siblings. Non-employee applicants will be asked to complete a health form and will be required to provide additional medical information to be considered for coverage.
  • Applicants must be U.S. citizens or permanent resident aliens, have a valid social security number or tax identification number, and provide a U.S. mailing address.

To learn more about the program, get a rate quote and enroll online, go to:  www.genworth.com/Roanoke

Additional Resources

LTC Online Enrollment Site

Roanoke College LTC Employee Presentation

Contact our Genworth Representative

Amy Ewbank

amy@affinityltc.com

877-777-3512 x301 

Call (800) 416-3624, Monday through Friday 8 am to 8 pm EST.

 This Group Long Term Care Insurance is available under Group Policy Number 19747 policy form series 7053, underwritten by Genworth Life Insurance Company.