FAQs

  1. Why is it so important for me to apply during this initial enrollment?

    • Guarantee Issue (GI) ages 19 through 70 - (No Medical Questions for attorneys/employees) during this initial enrollment. Modified GI for spouses / domestic partners – (one qualifying question) during this initial enrollment.
    • Simplified Issue (SI) ages 71 through 79 for attorneys/employees. Please see question #20 for further details.
    • For attorneys/employees: If one elects any amount of Life / LTC during this initial enrollment, one can apply for additional coverage in $25,000 increments of Life Insurance, $50,000 LTC with no health questions annually (up to GI limits) if still actively at work and benefit eligible with DWT.

  2. What are the requirements for eligibility?

    • For attorneys/employees: Actively at work performing regular duties for a minimum of 20 hours. Must be actively at work on the effective date of coverage. If an attorney/employee applies, spouse / domestic partner can apply as well.

  3. What if I am not actively at work due to a leave and or disability during the initial enrollment?

    • Attorneys/Employees who are absent from work during the initial annual enrollment will be given the opportunity to apply with guarantee issue (no health questions) for applicable ages upon the next annual enrollment.

  4. When will my coverage be effective?

    • Coverage will be effective on May 1, 2024.

  5. What does this policy provide for coverage?

    • This coverage combines the benefits of both Life Insurance protection for your family along with Long Term Care benefits, which can be utilized to help pay for services such as home healthcare, adult day care, assisted living facilities and nursing home expenses. Long Term Care is personal care - help with everyday activities such as bathing and dressing (also known as "Activities of Daily Living”) and/or care for severe cognitive impairments like Alzheimer’s Disease.

  6. What is the difference between Long Term Care and Long Term Disability insurance?

    • Long Term Care insurance helps cover the cost of a nursing home, assisted living, adult day care or home health care if you become unable to care for yourself. Long Term Disability insurance replaces a portion of the income you will lose if you are unable to work because of an injury or illness. It pays for your lost income. Unlike disability insurance, Long Term Care insurance does not end when one retires – it remains active into retirement, provided premiums are paid.

  7. Why does the application require my SSN, height, and weight?

    • The insurance company requires social security number to set up your coverage for tax purposes and claims. Height and weight are needed only when applicants are required to answer the Simplified Issue health questions.

  8. Can I add my spouse/domestic partner to this offering?

    • Yes, spouses/domestic partners are eligible if the attorney/employee applies for coverage. If the attorney/employee does not apply for coverage, the spouse/domestic partner is ineligible. Spouse/domestic partner coverage is limited to no more than 50% of the coverage amount elected by the attorney/employee for Modified Guarantee Issue, up to a maximum of $25,000. Amounts exceeding 50% of employee amount and or above $25,000 will require medical questions to be answered.
    • If your spouse/domestic partner also works for the firm, they should apply for coverage as an “employee” (not as a spouse/domestic partner) to qualify for Guarantee Issue underwriting (no health questions).

  9. How much life insurance can I purchase and how is my monthly Long Term Care benefit calculated?

    • The attorney/employee life insurance options are $10,000, $25,000, $50,000, $75,000, $100,000, $125,000, $150,000, $175,000, $200,000 and $225,000.
    • The monthly Long Term Care benefit is 4% of the death benefit and can be used for homecare and/or facility care for up to 50 months. For example, a $50,000 policy provides a $2,000 monthly Long Term Care benefit up to $100,000 in total Long Term Care benefits.

  10. Is the death benefit guaranteed to remain the same?

    • Your death benefit is guaranteed when it is needed the most – during the working years when a family is relying on income. The death benefit is 100% guaranteed for the longer of 25 years or age 70. Any reduction in death benefit (after age 70 or 25 years, the longer of) will result in a corresponding decrease in the monthly Long Term Care benefit.

  11. Can I take my coverage with me if I were to leave work or retire and, if so, do the rates change?

    • This is permanent life insurance designed to last a lifetime. Should you leave the firm or retire, you can keep your coverage at the same cost and benefit levels.

  12. When I start receiving LTC benefits, does the death benefit decrease as each monthly LTC benefit is paid out?

    • Yes, the death benefit is accelerated (reduced) to pay each monthly LTC benefit. For example, a $50,000 policy provides a $2,000 monthly LTC benefit, so after the first monthly LTC benefit is paid, the net death benefit would be $48,000. This depletion of the death benefit continues as LTC benefits are paid.

  13. Does the policy provide a way to “replenish” or restore my death benefit as LTC benefits are paid?

    • Yes, all coverage includes 50% Restoration of Death Benefits. Once the death benefit falls below 50% of its original value, it is restored to 50% of its original value up to a maximum of $50,000.
    • For Example: $100,000 in coverage would pay $4,000 per month in LTC benefits ($100,000 x 4%). If the insured received $24,000 or 6 months of LTC benefits ($4,000 per month x 6 months = $24,000), the net death benefit would be $76,000. If the insured then died, $76,000 in life insurance proceeds would be paid to the beneficiary. Alternatively, if the insured had received $52,000 or 13 months of LTC benefits ($4,000 per month x 13 months = $52,000), the death benefit would be restored to 50% of its value or $50,000. If the insured were to die, the policy would pay $50,000 in life insurance benefits.

  14. How is my rate determined?

    • This insurance offers unisex rates based on your age (as of the effective date), nicotine usage, and coverage level selected.

  15. How will I pay my monthly premiums?

    • Your premiums will be paid monthly via your personal checking or savings account.

  16. Are the premiums pre-tax or post-tax?

    • The premiums are paid post tax.

  17. Do premiums continue when on LTC claim?

    • The plan has Waiver of Premium, which means that while you are receiving LTC benefits, all premiums are waived.

  18. Am I able to review my plan and return it to the insurance company if I am not 100% satisfied?

    • The Certificate holder may, within 30 days after the Certificate is delivered, return the Certificate to the Carrier’s Administrative Office, and receive a full refund of any premiums that have been paid. Once returned, the Certificate will be void from the effective date.

  19. Can my rates increase?

    • Life insurance premiums are guaranteed and cannot increase. LTC rates are subject to change.

  20. What are the health questions attorneys/employees need to answer for underwriting?

    • Attorney/Employee Guaranteed Issue (No Health Questions)
      • Guarantee Issue is available for attorneys/employees ages 19 through 70. Attorney/Employee Guarantee Issue Limits are $10,000 up to $150,000. There is just one “Actively at Work” question (below).
      • “Is the employee actively at work performing the regular duties of the job in the usual manner and at the usual place of employment?”
      • Attorneys/employees who answer “No” to the above Actively at Work question are ineligible to enroll but may apply for coverage upon their return to work and during the next enrollment period.
    • Attorney/Employee Simplified Issue
      • Simplified Issue is available for attorneys/employees ages 19 through age 70 applying for amounts above $150,000 up to $225,000. If an attorney/employee through age 70 is not approved for amounts above $150,000 (if applying during the initial enrollment), the attorney/employee will receive the $150,000 on a guaranteed issue basis.
      • Attorney/employee Simplified Issue is available for attorneys/employees ages 71 through 79. The Simplified Issue Limit is $50,000 for employees ages 71 through 79.
    • Attorney/Employee Simplified Issue Health Questions
      • Has the Employee missed more than 5 consecutive days of active work due to an illness or injury in the past 3 months?
      • Has any proposed Insured been treated in a medical facility, hospitalized, or disabled in the past 6 months, excluding flu or cold? Hospitalized means in-patient or outpatient, whether or not confined. Treated in a medical facility does NOT include a regular physician’s office visit.
      • Has any Proposed Insured, within the last 10 years, been tested positive for exposure to the Human Immunodeficiency Virus (HIV) infection, been diagnosed by a physician as having Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) caused by the HIV or other sickness, or condition derived from such infection?
      • Note: Attorneys/employees who answer “Yes” to the above HIV/AIDS question are ineligible for coverage.
      • Has any person/Spouse proposed for coverage been seen or treated by a licensed physician or other medical practitioner within the past 6 months, excluding flu, cold or routine physical?
      • Height: Weight:
      • Within the past 5 years, has any proposed Insured been admitted or advised to be admitted to a hospital or received medical advice or treatment by a licensed member of the medical profession for: Inquiries are specific as to treatment or diagnosis as provided by a licensed health care practitioner.
      • Any chest pain, heart disease, stroke or paralysis, lung or respiratory disease, blood disease or high blood pressure? If yes, provide most recent blood pressure reading and date.
      • Any cancer, tumor, disorder of the kidney, liver disease or hepatitis?
      • Any mental or psychiatric disorder, stomach or intestinal disorder or reproductive organ disorder?
      • Received or been advised to have, by a licensed member of the medical profession, counseling, or treatment for the use of alcohol, drugs, illegal drugs, or used any illegal drug or controlled substance?
      • Taken any prescription medication in the past 6 months (If “Yes”, state name of medication, reason for taking frequency and dosage)?
      • Had or been advised to have, by a licensed member of the medical profession, an electrocardiogram, x-ray, blood study, urinalysis, or any other diagnostic study, operation, or treatment?
      • Other than stated above, within the past 5 years, had any other illness, operation, or treatment?

  21. What are the health questions Spouse/Domestic Partners need to answer for underwriting?

    • Modified Guaranteed Issue (1 Qualifying Question)
      • Modified Guarantee Issue is available for spouses/domestic partners ages 19 through 60. Spouse Modified Guarantee Issue Limits are the lesser of 50% of the attorney/employee amount or $25,000. For example, if the attorney/employee applies for $20,000, the maximum Modified Guarantee Issue amount the spouse/domestic partner could apply for would be $10,000.
    • Modified Guarantee Issue Health Question
      • If applying for coverage, is your spouse currently hospitalized, receiving home health care or receiving / applying to receive disability benefits?
    • Spouse/Domestic Partner Conditional Guarantee Issue
      • Conditional Guarantee Issue (some health questions) is available for spouses/domestic partners ages 19 through 70. Spouse/domestic partner Conditional Guarantee Issue Limits are for coverage amounts that exceed Modified GI up to $75,000.
    • Spouse/Domestic Partner Conditional Guarantee Issue Health Questions
      • Has any proposed Insured been treated in a medical facility, hospitalized or disabled in the past 6 months, excluding flu or cold? Hospitalized means in-patient or outpatient, whether or not confined. Treated in a medical facility does NOT include a regular physician’s office visit.
      • Has any Proposed Insured, within the last 10 years, been tested positive for exposure to the Human Immunodeficiency Virus (HIV) infection, been diagnosed by a physician as having Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) caused by the HIV or other sickness, or condition derived from such infection?
      • Note: Applicants who answer “Yes” to the above HIV/AIDS question are ineligible for coverage.
      • Has any person/Spouse proposed for coverage been seen or treated by a licensed physician or other medical practitioner within the past 6 months, excluding flu, cold or routine physical?
      • NOTE: Spouse/domestic partners who answer “Yes” to any Conditional Guarantee Issue questions (excluding the HIV/AIDS question) are required to answer the Simplified Issue health questions (below).
    • Spouse/Domestic Partners Simplified Issue Health Questions:
      • Height: Weight:
      • Within the past 5 years, has any proposed Insured been admitted or advised to be admitted to a hospital or received medical advice or treatment by a licensed member of the medical profession for: Inquiries are specific as to treatment or diagnosis as provided by a licensed health care practitioner.
      • Any chest pain, heart disease, stroke or paralysis, lung or respiratory disease, blood disease or high blood pressure? If yes, provide most recent blood pressure reading and date?
      • Any cancer, tumor, disorder of the kidney, liver disease or hepatitis?
      • Any mental or psychiatric disorder, stomach or intestinal disorder or reproductive organ disorder?
      • Received or been advised to have, by a licensed member of the medical profession, counseling or treatment for the use of alcohol, drugs, illegal drugs, or used any illegal drug or controlled substance?
      • Taken any prescription medication in the past 6 months (If “Yes”, state name of medication, reason for taking frequency and dosage)?
      • Had or been advised to have, by a licensed member of the medical profession, an electrocardiogram, x-ray, blood study, urinalysis, or any other diagnostic study, operation, or treatment?
      • Other than stated above, within the past 5 years, had any other illness, operation, or treatment?

  22. If I answer “Yes” to any of the health questions, will I be declined coverage?

    • Attorneys/Employees who are eligible for the Guarantee Issue offer will not be declined for coverage amounts up to $150,000, even if declined by underwriting for higher amounts of coverage.
    • Attorneys/Employees who answer “No” to the “Actively at Work” Guarantee Issue question will be ineligible for coverage but may enroll for coverage upon return to work and during the next enrollment period. Applicants who answer “Yes” to the HIV/AIDS will be ineligible for coverage, unless they qualify for the Guarantee Issue coverage amount.

  23. Can I increase my coverage later?

    • You can request to increase your coverage later with Simplified Issue underwriting. If approved, you will be issued a second life insurance policy based on your current (attained) age.
    • Note: If one applies for any amount of coverage between the ages of 19 through age 70 upon initial enrollment, the insured may purchase additional amounts with no health questions on an annual basis, up to $25,000 in Life Insurance, not to exceed Guarantee Issue Limits / ages, if still actively at work and benefit eligible with DWT.

  24. What if I enroll in the plan and I change my mind?

    • The Certificate holder may, within 30 days after the Certificate is delivered, return the Certificate to the Carrier’s Administrative Office, and receive a full refund of any premiums that have been paid. Once returned, the Certificate will be void from its beginning.

  25. What is the Elimination Period under the Long Term Care Benefit?

    Means the number of days (90) at the beginning of a Period of Care for which benefits are not payable under this Rider. In order for a day to count as a day in the Elimination Period, the following requirements must be met:

    1. The Insured must be Chronically Ill; and
    2. Charges must be incurred for the care and services of the Insured.

    The elimination period needs to be satisfied only once during the Insured’s lifetime.

  26. What are the Long Term Care Benefit Triggers?

    You must satisfy the Elimination Period before benefits are paid. Each day the Insured is Chronically Ill, and charges are incurred for the care and service of the insured, one day of the Elimination Period will be satisfied.

    Chronically Ill means certified by Licensed Health Care Practitioner as:

    1. being unable to perform, without substantial assistance from another individual, at least 2 Activities of Daily Living (ADLs) for at least 90 days due to a loss of functional capacity or
    2. requiring substantial supervision for protection from threats to health and safety due to Severe Cognitive Impairment.

    Activities of Daily Living (ADLs) include: Bathing, Dressing, Continence, Eating, Toileting and Transferring

  27. Can the plan provide LTC benefits for care provided by unlicensed/informal caregivers such as family or friends?

    • Care must be provided by licensed professional providers.

  28. Where does the plan pay for care?

    • If you qualify for LTC benefits, where you receive care is up to you (e.g., Home Care, Assisted Living/Memory Care, Adult Day Care or Skilled Nursing Homes).

  29. Will the plan pay for care outside of the US?

    • The plan will pay LTC benefits for care or services received in the United States or its territories only. Death benefits are paid anywhere in the world.

  30. What are the Policy Exclusions and Limitations?

    • If the insured commits suicide, while sane or insane, within two years (one year in some states) from the Date of Issue, and while this Coverage is in force, the Carrier will pay in one sum to the Beneficiary, the amount of premiums paid for this Coverage.

  31. Long Term Care Exclusions

    • Riders will not be paid for loss that results from:

      • An intentionally self-inflicted injury, or attempted suicide; or
      • War or any act of war, declared or undeclared, or service in the armed forces of any country; or
      • Treatment of the Insured’s alcohol, drug or other chemical dependence, except if the drug dependency was sustained or acquired at the hands of a Physician or while under the treatment for an injury or sickness; or
      • The Insured’s commission of, or attempt to commit, a felony; or an injury that occurs because of the Insured’s involvement in an illegal activity

    • Or for the following types of care:

      • Received outside the United States and its territories; or
      • Provided by ineligible providers (ineligible providers are those providers not defined in the Rider); or
      • Rendered by members of the Certificate holder or the Insured’s immediate family.

  32. I have questions regarding my existing coverage with Transamerica.

    • For assistance with an existing Transamerica policy or to make changes please call Transamerica at 800-227-3740

  33. Can I add this coverage with Chubb if I own individual Long Term Care with Transamerica or another company?

    • Yes, you can own both policies. The Chubb Life with Long Term Care policy pays Long Term Care payments on an indemnity basis and will pay in addition to other payments.

  34. Can I cancel existing coverage with another company and own this coverage with CHUBB?

    • Please ensure that you speak with an Advisor as original coverage for Long Term Care and or permanent life insurance is based on the insured’s original age. One always has the right to cancel existing coverage however it is important and advisable to ensure that you understand existing policy features and pricing. Replacing previous coverage with new coverage is generally not recommended however owning multiple policies is allowed.

  35. If I live in Washington State and purchase this coverage, will I be exempt from the Washington State payroll Tax?

    • No, based on current legislation in Washington, a policy must have been effective by 11/01/2021 to be applicable for exemption from the State tax.
    • Therefore, if you own coverage that was effective prior to 11/01/2021, that coverage needs to remain in effect to qualify for exemption. You may add the new Chubb coverage in addition to existing coverage.