Brown University - About the Plan

What Is Different (Better) About This Plan?

We are taking the forward looking position that no single insurance company offering can be "best" for everyone because different products target different segments of the market; and the Brown University community is extremely diverse. Long-term care insurance is a financial planning tool that should be customized to meet specific needs and objectives. Accordingly, three different insurance company products, all with discounted rates, are available. Each of the products selected have unique features which may appeal to different segments of the population. RetirementGuard will make recommendations as to what product is most appropriate for you. Besides the long standing Unum plan, product options are offered by John Hancock Life Insurance Company (USA) and MetLife.

Market research tells us that most people purchase insurance not because they envision themselves in nursing homes, but rather because they do not envision themselves in nursing homes! They seek quality care at home, and hope to never be institutionalized. With this fact in mind, we are offering richer and easier to use home care benefits, with more liberal provisions, than are offered in many other plans. These options can also be considerably less costly than "retail" products available to you.