Caregiver.com

For About and By Caregivers


Subscribe to our bi-monthly publication Today's Caregiver magazine
  + Larger Font | - Smaller Font



Long-Term Care

Share This Article

What to Look for in a Long Term Care Insurance Policy


(Page 2 of 2)
  • “Outline of coverage" describing all benefits, limitations, and exclusions
  • A comprehensive guide of all plans available provided by the company so that you can compare policies and determine what meets your needs best
  • Guarantees that the LTCI plan will be there for you when you need it most; the policy should not be permitted to be canceled, non-renewed, or terminated by the company at their discretion because you are experiencing mental or physical problems
  • Ability to return the policy and receive a premium refund; you should have 30 days to be able to reconsider in what is called a “free look” period
  • Policy purchasers should not have to fulfill preexisting conditions before being able to opt for a plan (preconditions to look out for include hospitalizations or care of any kind)

 

Source: Genworth Financial

 

  1 2


Printable Version Printable Version

 

 

Related Article

Cost of Care Map