Synopsys is offering you another voluntary insurance benefit that can help protect your family’s financial future.
The Synopsys Long-Term Care (LTC) Insurance program covers care received at home, in the community, or in a nursing home. Nowadays, LTC 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.
Long-term care insurance is not just for the elderly; the need for help can arise at any age, especially after an unexpected accident or illness.
Should You Consider LTC Insurance?
Now may be the perfect time to enroll for LTC. 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.
Another plus? You can’t be refused coverage as an employee, and, if you enroll, your spouse/partner can enroll, too, with the appropriate evidence of insurability.
Also, you can take your LTC insurance with you, even if you leave Synopsys. It’s fully portable. Your premiums will not change due to separation of employment.
To find out more, get a rate, or enroll for coverage, visit https://www.getltci.com/synopsys.
You’ll need your Employee ID and PIN to log in to the system.
Employee ID: 326412
PIN: Last 4 digits of your SSN + last 2 digits of your birth year.
Long-Term Care Insurance is offered through Chubb Long-Term Care Insurance.