Is Long Term Care Insurance

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Is long term care insurance – Long term care insurance policies reimburse policyholders a daily amount up to a pre selected limit for services to assist them with activities of daily living such as bathing dressing or eating. Unlike traditional health insurance long term care insuranceis designed to cover long term services and supports including personal and custodial carein a variety of settings such as your home a community organization or other facility.

Long term care ltc insurance is a policy that can help cover the expenses associated with long term care such as stays in nursing home facilities or home health care provided by a professional.

Is long term care insurance – A long term care insurance policy helps cover the costs of that care when you have a chronic medical condition a disability or a disorder such as alzheimer s disease. Typical terms today include a daily benefit of 160 for nursing home coverage a waiting period of about three months before insurance kicks in and a maximum of three years worth of coverage. For years long term care insurance entailed paying an annual premium in return for financial assistance if you ever needed help with day to day activities such as bathing dressing and eating meals. Is long term care insurance

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