Coming Soon: Open Enrollment for SMP’s Permanent Life + Long Term Care Insurance

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We are excited to announce our annual open enrollment for SMP’s Permanent Life + Long Term Care Insurance benefit through AGIS. The open enrollment period will run from Monday, April 6 through Friday, April 17.

As a reminder, we have partnered with AGIS Network LTC specialists to provide access to comprehensive coverage designed to help support employees and their families in retirement, including:

  • Life Insurance to help cover expenses and provide financial support to your loved ones
  • Long-Term Care Insurance to help cover the rising cost of care as you age

Caring for a loved one can be mentally, physically, and financially challenging. This benefit can help you and your family prepare for unexpected caregiving needs resulting from accident, illness, or the effects of aging. In addition to insurance coverage, this benefit also provides access to caregiving resources and cost-saving support services.

Enrollment Timeline

  • Enrollment Opens: April 6, 2026
  • Enrollment Closes: April 17, 2026
  • Coverage Effective Date: June 1, 2026
  • First ACH Premium Draft: June 16, 2026

Join a Webinar

We encourage you to register for one of the upcoming webinars hosted by AGIS to learn more about this benefit and your coverage options. Please choose the time that works best for you:

For additional details and to view testimonials, visit the SMP Long Term Care webpage.

Eligibility

  • New Hires: Employees hired between 4/1/2025 – 3/31/2026 may apply for coverage with no health questions (Guaranteed Issue), up to certain limits.
  • Currently Insured Participants: May apply for additional coverage by answering a few health questions.
  • Employees Not Currently Enrolled (Hired before April 1, 2025): May apply for coverage by answering a few health questions.

Why Life & Long Term Care Insurance?

  • Protect your retirement: The average Long Term Care claim is $172,000. The average baby boomer has just $200,000 in retirement savings
  • Provide for your family: Leave up to $200,000 to your family when you’re gone
  • Stay in control: 70% of Americans reaching age 65 will need some form of long term care. Planning ahead is an important step in controlling where you receive the care you’ll need.