The policy maximum on a LTC insurance policy is the total amount estimated to be paid out by multiplying the daily benefit (or monthly benefit) times number of years in the benefit period (3, 5, 8 years, or lifetime benefit) without cinsidering any increases due to Cost of Living.
One can take out a long term care insurance policy from several different places. Some of the places in which one can take out a long term care insurance policy from are: Long Term Insure Me, and Own Your Own Future.
You can contact the agent who sold you the policy directly and he should provide assistance in getting a refund. <a href="http://www.ltcfp.com">Long Term Care Insurance</a>
Long term care insurance typically begins once the policy is in effect, which is usually after the premium payments have been made and the policy has been issued. The specific start date can vary depending on the insurance company and the terms of the policy, so it's important to check the policy documentation or consult with the insurance provider for the exact details.
The cost of long term care insurance depends on your purchase age, location, and the benefits and policy features you choose.
"Some of the advantages of having a health insurance policy are that if one happens to get sick, they will be covered by their medical insurance. If one is not covered the costs for medical care can be detrimental."
You would need a whole life or an universal life policy with an income rider, and possibly a long term care insurance policy which would fall under a health insurance policy.
Most group (insurance you get thru your employer) health companys/policy refer to their insureds as 'members'.
The earlier you buy a policy, the lower your cumulative insurance premiums will be.Answer:Aside from buying a policy while you are still young, there are other several policy features and riders that makes your long term care insurance policy expensive. Of course the insurance agent will sell you a policy with all these features and riders so it pays to review your policy thouroughly. Benefit period, benefit amoung, waiting period and inflation protection are some of the features and rider that you can tailor based on your needs and preference so you can make your long term care insurance policy more affordable. You may also consider relocating to a state where ltci cost are cheaper, because cost long term care insurance cost varies per state.
Yes, some long-term care insurance policies do cover assisted living care. It's important to carefully review the policy details to understand what services are covered, any restrictions or limitations, and how the benefits are paid out.
Travel Insurance - there are four kinds of travel insurance: Travel Cancellation Insurance, Baggage or Personal Effects Coverage, Emergency Medical Care, and Accidental Death
Your Not covered for anything at all. If the auto insurance is inactive, then so is the GAP coverage. "GAP Insurance" is Not "Auto Insurance", it is Finance Company Insurance. it will only pay the difference after your required Auto Insurance policy has paid it's maximum limits. If your auto insurance lapsed, then your GAP insurance has also lapsed automatically and concurrently. The GAP Insurance is Void in the absense of an auto insurance policy. Your on the hook for all monies owed to all parties involved with your finance note. Take Care
It depends on the policy plans of particular company.For term insurance I prefer the buyonline.aegonreligare.com.