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Banker's Life and Casualty Company

Resource Name:Banker's Life and Casualty Company

Long Term Care Partnership

address

303 E Wacker Dr, Ste 500, Chicago, IL 60601

Eligibility

Health screening is done prior to the sale of a policy. This could result in a company refusing to insure an applicant.

Application process

Must complete an insurance application.

Fees

Premiums vary according to company and benefits.

Site Service Area

Statewide

Other Information

Specialization

  • Older adults
The Long Term Care Partnership program certifies federally tax-qualified long-term care insurance policies from insurance companies that meet Partnership rules. People who use the benefits from a Partnership-certified policy are able to protect some assets if they later need to apply for Medical Assistance (Medicaid). This can help them qualify for Medical Assistance sooner. The state will disregard their assets equal to amounts paid out under the certified Partnership policy. In most cases, the policy must have been issued after July 1, 2006 to qualify as a Partnership policy.

Last Update

08/06/2026

Providing organization

Banker's Life and Casualty Company