Long Term Care Insurance

Long Term Care (LTC) insurance protects you and your loved ones if you become ill or permanently disabled and are unable to care for yourself.

The Seagate LTC plan through Unum is undergoing a transition. Unum will no longer accept new enrollments as of February 1, 2026.

New employees hired between February 1, 2025, through December 31, 2025 will have a special Guaranteed Issue enrollment opportunity in January 2026.

Seagate will explore LTC plan options with other insurance companies later in 2026. In the meantime, here’s what Unum’s plan closure may mean for you:

Employees Hired Before February 1, 2025

If you don’t currently have LTC coverage, you have one final opportunity to apply. Your signed application must be submitted no later than January 23, 2026.

As part of the application process, you’ll be asked to complete a medical questionnaire. Unum, the insurance company, will conduct a medical review to determine if you qualify for coverage based on your medical history.

If You Were Hired Between February 1 and December 31, 2025

Unum is offering a special New Hire Guaranteed Issue enrollment period from January 5 to January 23, 2026.

Guaranteed issue means that you do not have to answer a medical questionnaire when you apply for coverage. This special enrollment period is available only to new hires who joined Seagate between February 1 and December 31, 2025.

If You Are Currently Enrolled in LTC

If you currently have Unum LTC coverage, your policy will continue as is. You will still be able to increase or decrease coverage, or change plan options by visiting SeagateLTC.com. Your payroll deducted premium will also continue.

Your Long Term Care insurance benefit helps pay for expenses that are not covered by your medical plan, disability insurance or Medicare. These include:

• Adult day care
• Professional home care
• Respite care
• Alzheimer’s facility
• Nursing facility
• Assisted living facility

All Long Term Care insurance plans provide financial protection in two ways:

1. You can use the financial benefit instead of your retirement savings to pay for long-term care.
2. Your loved ones don’t have to choose between their jobs and making sure you receive the care you need. 

But Seagate’s coverage goes even further than most LTC plans. It offers:

• Lifetime benefits. For patients who may need care for decades (e.g., those with Alzheimer’s diagnoses), this is crucial.
• Accelerated payment option. This allows you to fully pay up your LTC policy over a 20-year period (premiums will be slightly higher with this option).
• Return of premium. In the event of death prior to age 65, the plan will return the premiums paid, less benefits received, to your beneficiaries.
• Portability. You can take your LTC insurance policy with you if you leave Seagate or retire, and pay the same group rate you paid as an active employee.

Learn more about Seagate’s LTC coverage.

LTC insurance is available for:

• You
• Your spouse/domestic partner
• Your parent(s) and parent(s)-in-law
• Your grandparent(s) and grandparent(s)-in-law

Family members receive the discounted rate, and they can be billed directly. You do not have to enroll in the LTC plan for your family members to apply for coverage.

All extended family members must complete a medical questionnaire.

LTC insurance prices are based on the age of the applicant, so the earlier you apply, the lower your ongoing monthly rate. Premium for employee and spouse/domestic partner coverage is paid through convenient payroll deduction. Your eligible family members pay premium directly to the insurance company.

Visit the Seagate Long Term Care website to view rates and apply.