Try: The national association of insurance commissioners has developed standards that protect consumers you should look for a policy that includes at least one year of nursing home or home health care coverage including intermediate and custodial care nursing home or home health care benefits should not be limited primarily to skilled care coverage for […]

Try: What do long-term care insurance policies cover long-term care services are provided when a person cannot perform certain activities of daily living adls or is cognitively impaired because of senile dementia or alzheimer alzheimer’s disease most commonly the adls used to determine the need for services include bathing dressing transferring getting from a bed […]

Try: The cost of long-term care insurance varies widely depending on the options you choose for example inflation adjustments can add between 40 and more than 100 percent to your premium however this option can keep benefits in line with the current cost of care premiums the actual premium you will pay depends on many […]

Try: Insurance is an important tool for protecting yourself against risk for instance health insurance pays your doctor and hospital bills if you get sick or injured but how can you protect yourself against the significant financial risk posed by the potential need for long-term care services either in a nursing home or in your […]

Try: Several types of policies are available most are known as indemnity or expense incurred policies indemnity or per diem policy an indemnity or per diem policy pays up to a fixed benefit amount regardless of what you spend with an expense-incurred policy you choose the benefit amount when you buy the policy and you […]

Try: Long-term care can be very expensive and the real amount you will spend depends on the level of services you need and the length of time you need care one year in a nursing home can average more than 50 000 in some regions it can easily cost twice that amount home care is […]

Try: Testamentary will a testamentary or self proving will sets forth one’s wishes regarding the distribution of property and the care of any minor children after death this document should be prepared with the help of an attorney and signed in the presence of a witness living will also known as an advance directive a […]