Long Term Care Partnership Course

Illinois LTC Class Information Online
Insurance Long Term Care Courses

The Long-Term Care Partnership course is required by the Illinois Department of Insurance for all agents before they can sell any Long Term Care (LTC) insurance policies in the state of Illinois. It supplies 8 hours of CE, and must be followed in future license renewal periods with at least 4 hours of other LTC courses.

Learn more about our Online LTC Course or Textbook LTC Courses.

Course Reporting

Upon completion of the course, CPMI Professional Development, Inc will notify the Department of Insurance, generally within one business day, and send a certificate of course completion to you. You will be required to provide a copy of the certificate as evidence of your completion of this course to any companies whose LTC policies you sell.

What is Covered by this Class

Long-Term Care (LTC) is personal medical and non-medical care services provided on an extended basis to people who need help with activities of daily living (ADLs). These ADLs include such things as dressing, bathing, eating, mobility, etc, or who need assistance and supervision in these activities due to severe cognitive impairment. Medical care may be included and can be provided at home, in a nursing home, or in an assisted living facility.

This care is not inexpensive, and while a portion of the population will be able to pay for their own care, some will completely rely on government aid (usually in the form of Medicaid) because they themselves lack the financial means. The purpose of LTC policies is to provide the money necessary to pay for this extended care, but even then costs for this care can sometimes extend beyond that provided by the level of benefits covered by the policy. Because of this, individuals need to supplement LTC policy benefits with their own assets.

Medicaid will pay for care for the financially poor, but Medicaid does not begin making any payments until the individual's assets have decreased to a certain level. This may require the selling of assets that another family member, such as a spouse, is counting on to help pay for their living needs. The LTC Partnership policy helps protect against the depletion of these assets by stepping in once the cared-for individual's assets reach a certain level and paying the difference between that level and what Medicaid requires before Medicaid kicks in, thus helping the family to keep some of these assets and thereby maintain their standard of living.

Insurers and agents of Long-Term Care insurance have a significant responsibility to judge the suitability of the policies they sell for their clients needs, along with educating their clients. This course is approved by the Illinois Dept of Insurance and will help prepare you to sell this important coverage.

Available Methods of Study

This course is available either through online study or hard copy book form.

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