Long-Term Care Facts Column: article originally published by the Redlands Daily Facts August 8, 2013:Long-term-care insurance is an emotional subject. I mean, really, who wants to talk about the possibility of needing help with bathing, dressing, and toileting?...
What is long-term care insurance and why do you need it? A simple Google Internet search yields a definition for insurance as, “a practice by which a company provides a guarantee of compensation for a specific loss.” Therefore, long-term care insurance is...
How does the Inflation Benefit impact the Daily Benefit of your long-term care insurance policy? The Daily Benefit is the single most important part of your long-term care policy. The Daily Benefit, however, is linked to the Inflation Benefit. How much your...
What is Long-Term Care? Long-term care includes a variety of services that may be both medically and/or non-medically necessary for people with a chronic illness or disability. Health and personal needs are met through long-term care. Generally speaking, long-term...
Hands-On Assistance = Physical assistance (minimal, moderate or maximal) without which the individual would not be able to perform the activities of daily living.
