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Valerie VanBooven has written: 'Aging answers' -- subject(s): Insurance, Long-term care, Long-term care, Older people 'The Senior Solution' -- subject(s): Long-term care, Long-term care insurance, Older people
There are many ways to find long term insurance care. Long term insurance care can be found on websites such as Nationwide, LongTermCare, and CompareLongTermCare.
The Federal Long Term Care Insurance Program (FLTCIP) specializes in offering federal long term care insurance to eligible groups and their relatives.
Unlike medical insurance, long-term care insurance can cover all the assistance you would need if you had a chronic or debilitating illness. If you're unable to care for yourself for an extended period of time, long term care would cover you. This might be in a nursing home or in your own home. Although it's becoming very popular among Baby Boomers as they age, younger people are buying long term care insurance, too. Anyone can be in an accident. The U.S. G.A.O. estimates that 40 percent of the 13 million people receiving long-term care services are between the ages of 18 and 64. Long term care (LTC) insurance is a policy that secures financing your long term care needs, benefits are usually triggered if a policy owner develops a chronic illness or if he or she is unable to perform two or three activities of daily living including eating, dressing, bathing, etc. It pays for expenses not covered by health insurance, it is more focused on custodial of personal care providing you with options on different long term care setting (nursing homes, alf, in home, adult day care, hospice and custodia care) depending on where, what and how you want to be taken cared of.
One can find long term care insurance at many various health insurance websites like Blue Cross and Blue Shield. They have many options for long term care insurance.
An insurance policy that covers custodial or personal care is a long term care insurance, generally, long term care insurance covers things that are not covered by health insurance. If you are unable to perform activities of daily living, or need assistance due to disability and chronic illness, long term care insurance covers these services. However, you need to buy it before your develop a condition that would require you to be on long term care
The maximum age to purchase long term care insurance varies by insurance company, but it typically ranges from 65 to 75 years old. After a certain age, the cost of premiums may become prohibitively expensive or coverage may not be available. It's best to inquire with insurance providers for specific age limits.
Mass Mutual introduced long term care insurance in 1997.
GE sold its long-term care insurance business to Genworth Financial in 2004. Genworth Financial now offers long-term care insurance products.
Yes, it would be more advisable for you to get long term care insurance since you don't have kids. Among the people who needs long term care (LTC) insurance, aside from women, people who are single are at risk because the chances of needing care increases because you have no children nor spouse to rely to provide care for you when the need arises. You will benefit from it financially, emotionally and psycholigically.
it depends on the product and their specific contract/production rates. usually 30-60 percent for disability. and usually 50 percent for life, and long term care
The best place to acquire AARP long term care insurance is directly through the AARP website or by contacting their customer service. AARP partners with insurance companies to offer long term care insurance plans specifically designed for their members.