My father went into one assisted living facility in 2001 and we moved him to the other facility in 2005. I know that the last facility knew of the policy because I have a typed meomo stating that they knew about Dad's live insurance policies in the summer of 2008. Dad passed away in December 2008. I am the beneficiary on the policy.
Anyone who needs assisted living and either has the insurance to pay for it or the money to do so. Usually the elderly or the mentally unstable tend to reside in assisted living facilities.
It depends on the specific health insurance plan your mother has. If she has what is known as "Long-Term Care Insurance" then yes, the costs of assisted living will be covered by the insurance. You should contact her insurance provider for more details about her specific situation.
This is known as assisted living. This is actually covered my many major insurance companies, you can check with your personal insurance company to see if they will cover the cost of this.
When reaching retirement age and considering assisted living needs, long-term care insurance would be beneficial as it can help cover the costs associated with assisted living facilities, home healthcare, and other long-term care services not covered by traditional health insurance or Medicare. It is important to review policy details carefully to understand coverage limits, restrictions, and eligibility criteria. Consulting with a financial planner or insurance agent specializing in long-term care insurance can help you make informed decisions.
What you need is assisted living insurance. Don't take a policy out if you are in good health until you are ready to retire. Make sure the insurance company that you choose has a good rating and check out websites like; http://www.ambest.com and compare rates and policys for assisted living plans for you.
There are approximately 30,000 assisted living facilities in the United States.
You might want to check with your insurance agent, but cash, stocks, bonds and bullion are typically not covered under your homeowners insurance policy unless specifically scheduled.
The best to get advice on auto insurance for teenagers would be a broker or an agent. If one already has auto insurance, one can call the broker that assisted with the original policy.
It cost about 100 to 350 dollars depending on insurance.
Assisted living facilities can cost $35,628 on average.
Most health insurers offer reasonable plans, from Nationwide to Aetna. The difficulty in paying less for health insurance is more often about qualifying for a low rate more than anything else. This entails being healthy and with a good medical history. Another possible option is government-assisted health care. Services like Medicaid exist to help people who cannot afford standard insurance.
All state assisted programs offer a maternity plan.