Loyola University Chicago

Human Resources

Long-Term Care Insurance

IMPORTANT ANNOUNCEMENT

 
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LifeSecure will offer simplified underwriting to eligible faculty and staff hired as of October 1, 2017... and their actively working spouses/partners during a “catch-up” new hire enrollment period starting as early as July 9, 2018.
Please see the FAQ section below for additional information. Communications regarding the benefit will be sent to eligible faculty and staff members on July 23, 2018
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Long term care is the type of help people may need when they are not able to perform some activities of daily living (ADLs) by themselves due to an illness, disability, or severe cognitive impairment (such as Alzheimer’s) or similar irreversible dementia.
  • New hires have 90 days from their date of hire to apply with Simplified Underwriting. This is a one-time offer and will not be offered on an annual basis.
    • If employees apply for coverage after 90 days, they will need to complete full medical underwriting.
  • Spouses, parents, grandparents, parents-in-law, and grandparents-in-law are also eligible to participate in Loyola’s Long Term Care insurance at group rates.
    • If employees choose to enroll parents or grandparents, or those of a spouse, the enrollment form is mailed directly to LifeSecure.
Please see the LUC Benefits Booklet, located in the Resources section (upper right), for additional information.
LifeSecure will *offer simplified underwriting to employees hired as of October 1, 2017... and their actively working spouses/partners during a “catch-up” new hire enrollment period starting as early as July 9, 2018.
  • If you are interested in signing up, please contact LifeSecure at 1.855.568.6236
Enhancements
  • Plan Benefits:LifeSecure’s 3.0 product offers a streamlined benefits selection (coverage amounts and riders) based on their average enrollments. LifeSecure’s new coverage amounts and riders are also reflective of our average enrollment for employees.
    • We’re pleased with the addition of a 1% compound inflation benefit. This will allow employees the ability to automatically increase their benefit every year at a more affordable premium versus the 3% and 5% inflation option. 
    • LifeSecure also added a 0-day wait period to receive benefits due to an accidental injury or stroke.
  • Simplified Underwriting Eligibility: Enhanced eligibility to match an employer’s definition of a benefit’s eligible employee. The new definition will also help more activity at work spouses/partners obtain coverage.
    • Previously only W2 employees and W2 employed spouses were eligible for Simplified Underwriting. 
  • Rates: The new product and rate structure will not affect your those currently insured and LifeSecure typically does not recommend replacing existing coverage. In regards to new enrollees, LifeSecure’s new product rates are competitive within the current marketplace and carriers offering similar standalone LTCI coverage. 
Learn More

*We will update this page with more information regarding the enrollment time period as this information becomes available. However, please contact LifeSecure as soon as possible if you are interested in signing up and you meet the above criteria.

All full-time faculty, staff, and part-time regular employees scheduled to work twenty (20) or more hours per week are eligible to voluntarily enroll in Long Term Care Insurance provided through LifeSecure.
To *enroll in LifeSecure's Group Long-Term Care Insurance plan, employees must visit the website, which includes information about premiums and rates. Employees can download the proper forms to complete and mail to LifeSecure; their mailing address is located on the forms.
 
*Employees will not be able to enroll online. Please follow these basic steps:
  • To enroll in the Loyola University Long-Term Care Insurance plan, please call the dedicated enrollment line at 855.568.6236.
  • To apply online or run quotes, please follow the instructions below:
    • Go to LifeSecure
    • Under "login" in the top right corner, select "Worksites & Associations"
    • Enter the Loyola University Chicago group number: 01508V
Employees will not receive payroll deductions; payments will be made directly to LifeSecure.
Vendor Contacts
Long-Term Care Insurance  LifeSecure LifeSecure
855.568.6236
CNA stopped offering group long-term care insurance to new enrollees as of February 1, 2016. At this time Loyola University Chicago switched Long-Term Care providers from CNA to LifeSecure
 
CNA-Related Questions
If you have any questions regarding your CNA coverage, direct billing, or premium rate increases, please contact CNA at 1 - 800-262-4580.

Your payments are already currently made directly to LifeSecure. If you have any questions on your coverage, direct billing or premium rate increases, please contact LifeSecure at 1.855.568.6236.

  • Loyola University Chicago group number: 01508V