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Notices
Important: We will make our decision whether to issue your insurance coverage based on your responses to the questions on your application.We will send you a copy of your application.We may deny benefits or rescind your insurance coverage if: your answers are incorrect or untrue for any reason; or the answers changed between the date you completed your application and the date your coverage would become effective.
The best time to clear up any questions is before a claim arises! If for any reason, any of your answers are or become incorrect, please contact: Federal Long Term Care Insurance Program, PO Box 797, Greenland, NH 03840-0797. You may also call 1-800-LTC-FEDS (1-800-582-3337) (TTY 1-800-843-3557).
The group policy, including the Benefit Booklet, is designed to be a qualified long term care insurance contract under Section 7702B(b) of the Internal Revenue Code of 1986, as amended. Subject to specified dollar limits that vary depending on your age, you may be able to include your premiums in your itemized deductions on your Federal income tax return, if your total medical expenses, including the allowable portion of your premium, exceed 7% of adjusted gross income. The allowable dollar limits are reviewed each year by the U.S. Treasury and adjusted accordingly.
We have designed the group policy so that benefits you receive under the Federal Program should be tax-free. Please remember that tax laws can change. Also, some states have favorable tax treatments of long term care insurance premiums and/or benefits, so it is important to consult your tax advisor if you have any questions or need further details.
The Federal Program may not cover all of your long term care costs. Please review all coverage limitations and exclusions when you receive your Benefit Booklet, including the Schedule of Benefits.
YOUR COVERAGE IS GUARANTEED RENEWABLE. This means we will not cancel your coverage as long as you pay your premium on time. See the section titled When Your Premium May Change in this outline.
| Call: 1-800-LTC-FEDS (1-800-582-3337) (TTY: 1-800-843-3557) |
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