Partners, Associate Attorneys and Select Office Administrators of the firm are eligible to participate in the LBBS Voluntary Long Term Care Insurance Program. Should you elect to enroll in this program and are approved; you will be qualified for a discounted premium and simplified streamlined underwriting.

 

LBBS LTC Program Handout

LTC Program Presentation

When am I eligible for the Program?

Partners, Associate Attorneys and Select Office Administrators hired on or before 10/1/2010 are immediately eligible on a Simplified Issue bases (see 'Underwriting' below).

Partners, Associate Attorneys and Select Office Administrators hired after 10/1/2010 are eligible following 6 months of continuous employment on a Simplified Issue basis (see 'Underwriting' below).

Where can I learn about the Program?

Information is available from the following sources:

  • This website contains valuable information about the program and how to enroll.
  • If you have not already, you will receive a personalized Enrollment Kit (available through your Office Administrator)
  • You will be contacted via telephone by Long Term Care experts at M Advisory Group to discuss the Program.
  • You may reach these experts at 1-800-353-5433. Please identify yourself as a Partner, Associate Attorney or Administrator of LBBS and indicate you are calling about the Long Term Care Insurance program.

How much will my premiums be?

The amount of premiums varies, depending on your age, marital status, and the options you select.

A personal summary is enclosed in your application materials, giving you 3 models to select from (based on the three bronze, silver, and gold levels)

What type of Underwriting is involved?

Newly eligible applicants under the age of 65 will receive a Simplified Issue offer, meaning that only 6 medical questions will be asked (see application for details).

For applicants over the age of 65 and those who did not enroll during their enrollment period, full underwriting will apply. This includes additional medical questions, and the potential need to supply medical records.

How do I apply?

The application package you have or will receive contains materials and instructions for signing up.

Is insurance available for my family?

You may apply for a policy for your spouse, parents, parents-in-law, children 18+, grandparents, grandparents-in-law, siblings, aunts or uncles. These policies would be fully underwritten. Click on "Family Plan" in the left panel for more details.

What is the "window of opportunity" to enroll?

Newly eligible applicants may apply following 6 months of employment, with a 30 day window, in order to receive the Simplified Issue treatment. Once outside of the enrollment window, an employee may apply at any time on an underwritten basis.

M Advisory Group is presently licensed to sell traditional life insurance in the following states: AZ, CA (#0319876), CT, FL, IL, MD, MI, MN, NH, NM, NJ, NV, OR, RI, VT, VA, and WA. Insurance services are limited to residents of the above listed states. Residents of other states should consult with a local agent for insurance service.

Variable life and annuity products, as well as other securities products, may be sold in the following states: AZ, CA, CO, CT, FL, GA, HI, IL, NJ, OR, PA, TX, and WA. Residents of other states should consult with a local registered representative for securities products.

Securities and Investment Advisory Services Offered Through M Holdings Securities, Inc., a Registered Broker/Dealer and Investment Adviser, Member FINRA/SIPC. M Advisory Group is independently owned and operated.

M Advisory Group is a member of M Financial Group. Please go to mfin.com/DisclosureStatement for further details regarding this relationship.

This material is intended for informational purposes only and should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney, tax advisor or plan provider.