Special One-Time Enrollment Ends Next Week: New Long-Term Care Benefit

Dear Colleagues:

The special one-time enrollment period for the new long-term care benefit ends next week.¹ You are required to enroll or waive coverage by Friday, February 27. Use the link below to review your options and submit your election.

https://chubb.benselect.com/Columbia

Long-term care isn’t only for those thinking about retirement – accidents, chronic conditions, or illnesses can happen at any age. In 2022, half of Americans who needed care were under the age of 65.² 

This benefit is designed to help with the cost of care you or your spouse may someday need – whether at home or in a nursing or assisted living facility – reducing the financial burden on you and your family.

Plan Highlights:

• No health questions required.³
• You can apply for your spouse.⁴
• Portable – keep your coverage at the same premium even if you leave Columbia or retire.
• Any benefits not used for long-term care will be paid to your beneficiaries as life insurance.⁵

Questions? View these FAQs, watch the recorded webinar, or call the enrollment support line at 332-266-4144.

Columbia University HR Benefits

_{¹ Provided through Chubb Guaranteed Life with Long Term Care}

_{² AARP, Most Americans Will Need Long-Term Services and Supports in Their Lifetimes}

_{³ Active employees ages 19-70; employees ages 71-80 are subject to evidence of insurability}

_{⁴ Legally married spouse ages 19-70; employee must enroll to apply for a spouse}

_{⁵ Assumes the insured has not received any accelerated benefits for terminal illness}

_{This email is a brief description of coverage available. The policy contains specific details about benefits, exclusions, and limitations. This insurance product is underwritten by Combined Life Insurance Company of New York, a Chubb company.}