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Long Term Care Insurance How Does It Work
2 pages
Published by
BeamaLife Corporation
Long-Term Care Insurance: How Does It Work?
Whether you ve had a long-term care insurance (LTCI) policy for years or you re thinking of buying one, it s critical to
understand exactly what set of conditions will trigger coverage.
This...
[More]
Long-Term Care Insurance: How Does It Work?
Whether you ve had a long-term care insurance (LTCI) policy for years or you re thinking of buying one, it s critical to
understand exactly what set of conditions will trigger coverage.
This information is the bread and butter of any LTCI
policy.
In addition, you should know how to file a claim, preferably before you re on the verge of needing care.
Whatdeterminesifyou reentitledtobenefits?
LTCI policies differ on how benefits are triggered, so it s crucial to examine your individual policy.
Here are some
typical ways you can become eligible for benefits:
• You re unable to perform a certain number of activities of daily living (ADLs) without assistance, such as
eating, bathing, dressing, continence, toileting (moving on and off the toilet), and transferring (moving in and
out of bed).
Look in your policy to see what ADLs are included, the number you must be unable to perform,
and how your policy defines "unable to perform" for each ADL,
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claim,
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insurance,
ltci,
number,
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specific,
time,
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