Basics of Long Term Coverage
Before making a decision about long-term care insurance (LTCI), it helps to fully understand what it is and how it works. Here’s a general overview. What is long-term care insurance? This type of insurance addresses extended, hands-on assistance that’s needed due to a prolonged disability or long-term illness or cognitive impairment. Each LTCI policy will define its benefit triggers, but individuals generally qualify for use when a health professional certifies that you require help with at least two daily activities, such as dressing, eating or bathing. What can it cover? Most...
Read More
Recent Comments