Recorded webinar provides long term care insurance overview
Those interested in learning more about Purdue's new long term care (LTC) insurance benefit can now access a recorded webinar anytime it fits their schedules. The webinar is presented by Lea Fosz from Genworth Life Insurance Co. and runs about 40 minutes.
The webinar is available at https://genworth.webex.com/genworth/lsr.php?AT=pb&SP=EC&rID=53529782&rKey=241f5951780ae8de.
Live presentations, including time for questions and answers, are being offered throughout the initial LTC enrollment period, which ends April 30. This week's presentations are:
* Wednesday (April 4)
-- 1:30-2:30 p.m. Stewart Center, Room 318.
-- 3:30-4:30 p.m. Stewart Center, Room 318.
-- 6-7 p.m. Stewart Center, Room 318.
* Thursday (April 5)
-- 7-8 a.m. Stewart Center, Room 318.
-- 9-10 a.m. Stewart Center, Room 318.
Other resources include:
* Genworth website: www.genworth.com/groupltc (group ID = Purdue, access code = groupltc)
Includes user-friendly online enrollment, plus tools to weigh costs and options.
* Genworth phone assistance: 800-416-3624
Provides customer service staff to answer questions. Also, those who don't want to enroll online may call this number to request a paper enrollment application.
* Purdue Benefits website: www.purdue.edu/benefits
Offers information about options and who's eligible for coverage. Also provides the full meeting and webinar schedule and frequently asked questions.
The initial enrollment currently under way for LTC insurance offers coverage with no medical underwriting for most Purdue employees. "The guaranteed acceptance for long term care insurance -- regardless of health status -- is an opportunity that we don't expect to have again," says Susan M. Davis, a benefits manager in Human Resources.
Long term care insurance provides coverage when a person needs substantial assistance with two or more "activities of daily living" or ADLs. These include things such as eating, dressing and moving from a bed to a chair. The person may receive care in his or her own home or at a facility, such as an assisted living residence or a nursing home. Genworth Life Insurance Co. underwrites Purdue's long term care insurance benefit.