Long-Term Care Insurance

What Is Long-Term Care Insurance?

Long-term care insurance is designed to help pay for services that assist with everyday activities such as bathing, dressing, meal preparation, mobility, and supervision.

Every policy is different. Therefore, benefits, waiting periods, daily maximums, and covered services vary depending on the insurance company and the policy purchased.

Many policies require the individual to need assistance with at least two Activities of Daily Living (ADLs) before benefits begin.

If your loved one has long-term care insurance, review the policy carefully or contact the insurance company to understand the available benefits.

Best for: Individuals who planned ahead by purchasing long-term care insurance.