How the Plan Works
Coverage under the Long-Term Care Insurance program is completely voluntary and provided by New York Life. You may enroll at any time during the year directly with New York Life by calling 1-631-845-0936 (not online when you make your Zebra benefit plan elections).
You have the option to purchase additional insurance coverage to help offset the potentially high cost of long-term care. This coverage has many advantages including:
Feature |
Advantages |
---|---|
Dividends |
If approved for coverage, you can receive a policy dividend that is paid in the form of a premium reduction or as a benefit increase (if you are on a claim and receiving benefits). |
Guaranteed Rates |
Your rates cannot be increased during the first three years you own your policy. |
Care Planning |
Your policy provides for an experienced planner to work with you and your family to develop a plan of care. |
In-home Care Equipment |
Your policy includes benefits to pay for the purchase or rental of devices that will let you remain at home for your care, up to a policy lifetime maximum of $4,000. |
World-wide Coverage |
Care outside the United States is covered on a limited basis. |
Hospice Care |
Your policy also pays for care in a hospice facility or for hospice services received in your home if you have a life expectancy of six months or less. |