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Chubb

Long-Term Care Insurance

(888) 417-7750

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What You Need To Know

At any time, you or someone you love could be diagnosed with a chronic illness or disability and suddenly need long-term assistance. Long-term care (LTC) coverage is an optional, voluntary benefit that can offer significant help — and peace of mind — if you need to pay for costly in-home or nursing care.

Highlights

Long-term care can exceed $40,000 per year. Because your health insurance, disability insurance, and Medicare coverage don’t pay for the cost of this care, LTC plans are designed to protect your retirement savings from the cost of LTC services if you need care in the future. The Synopsys LTC Insurance program covers care received at home, in the community, or in a nursing home.

LTC Insurance isn’t just for the elderly. The need for help can arise at any age, especially after an unexpected accident or illness.

Why You May Want to Consider LTC Insurance

Here are a few benefits of enrolling in LTC Insurance now:

  1. Even if you’re young and not really thinking about a need for long-term care, premiums are based on age. The younger you are, the lower your premiums will be.
  2. You can’t be refused coverage as a Synopsys employee. And if you enroll, your spouse or partner can enroll, too, with the appropriate Evidence of Insurability.
  3. You can take your LTC Insurance with you, even if you leave Synopsys. It’s fully portable, and your premiums won’t change.

Learn More

Visit Chubb to find out more, get a rate, or enroll for coverage.

You’ll need your Synopsys Personnel Number and PIN (last four digits of your SSN + last two digits of your birth year) to log in to the system.