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What is Chronically Ill mean in a Long-Term Care Insurance Policy?

Chronically Ill = A term used in a tax-qualified long-term care contract to describe a person who needs long-term care either because of an inability to do everyday activities of daily living (ADLs) without help or because of a severe cognitive impairment.

Mark H. Covey, CLTC, CSA

Mark H. Covey, CLTC, CSA

Member of Dave Ramsey’s Endorsed Local Provider Program

LTCi Dictionary

Informational Articles

  • Long-Term Care – Wake up, don’t snooze and lose!
  • Protecting Your Assets with a Government-Approved, Long-Term Care Partnership Policy
  • What are the first steps in finding the right long-term-care insurance?
  • Don’t Believe All The Negative Headlines
  • Long-term-care insurance helps protect families
  • Three Big Problems With Long-Term-Care Insurance
  • Busting Myths About Long-Term Care Insurance
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LTCi Dictionary

Education Articles

  • Long-Term Care – Wake up, don’t snooze and lose!
  • Protecting Your Assets with a Government-Approved, Long-Term Care Partnership Policy
  • What are the first steps in finding the right long-term-care insurance?
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  • Copyright 2017 Carolyn Olson
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Copyright 2017 Carolyn Olson