Caregiving Presents Workplace Challenges for Women: Enrollment in the Federal Long Term Care Insurance Program May Help
The FLTCIP Delivers Value
The FLTCIP Reflects Your Preference for Home Care
Long term care is not just for the elderly! Think you're too young?
Nearly 41% of long term care is provided to people under age 65."
- Georgetown University Long-Term
Care Financing Project,
Long-Term Care Financing:
Policy Options for the Future,
As with most other types of insurance coverage, if you stop paying your long term care insurance premiums, your policy will most likely be canceled.
However, there are some plans that offer a non-forfeiture benefit. A non-forfeiture benefit provides protection if you cancel your coverage. Non-forfeiture provides limited benefits, typically based on the amount of time you have had the coverage and the amount of premium payments you have paid.
Other plans offer a contingent non-forfeiture benefit. This benefit provides protection if you are no longer able to pay premiums due to a premium increase to a certain level.
The Federal Long Term Care Insurance Program (FLTCIP) includes a contingent non-forfeiture benefit at no extra cost.