Long Term Care Insurance
Long Term Care Insurance is available for LGFCU members through the new Leading Edge product from John Hancock Insurance.
LGFCU members are eligible for a special premium discount as part of a sponsored group program. Applications for coverage are individually underwritten with age and health being important factors used to approve coverage and to determine a rate.
Long term care insurance covers necessary temporary or permanent care for someone unable to provide for their own personal care as a result of an injury, illness or the effects of aging.
This care could involve:
- Skilled nursing
- Rehabilitative care
- Custodial care*
Although the possible need for long term care increases with advancing age, the need could occur at any age. The cost for receiving long term care can be very expensive and most health insurance plans and Medicare do not cover these costs. The best financial plan should include consideration of your potential long-term care needs.
For more information or to apply for coverage, contact LGFCU Insurance Services weekdays 8:30 a.m. to 5:30 p.m.:
- 888.856.2350 (toll free ) or
- 919.857.2058 (in Raleigh)
- Visit your local branch
