What is long term care insurance?..?

Evelin Turlich: Long-term care insurance (LTC or LTCI), an insurance product sold in the United States, United Kingdom and Canada, helps provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.

Lanita Reichman: Visit this site to get quotes for free - FINDRATES.INFO-Re: What is long term care insurance?..?

Leif Serabia: Long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility.

Cordia Fivecoat: Long term care insurance is one of the most complicated financial products. Policy features vary. Prices for virtually identical coverage can vary by as much as 40-to-90 percent. Discounts available and acceptable health conditions vary as well. For that reason the American Association for Long-Term Ca! re Insurance recommends you work with a knowledgeable professional -- a specialist in the field. They will have several years of experience and are appointed to represent typically 5 of the major insurers (fewer in California). Let them educate you -- typically over the phone or Internet with NO cost or obligation. It's their job. To connect with a specialist visit the Association's website at http://www.aaltci.org Watch this video on what policies cost and how to reduce costshttps://www.youtube.com/watch?v=5Yd5HipHfqw

Jude Colbenson: Long-term care insurance is a product that helps pay for long term care services such as nursing homes, assisted living facilities, home care, adult day care and CCRC's. It costs around $1,000 to $7,000, which is expensive for some people. This is one of the reasons why people are not fond of this insurance. However, there are myriad of ways to make long term care insurance cost affordable like by buying early, availing couple or gro! up discounts and if you create a small policy. The bottom line! here is this, some may use long term care insurance and others may not. It's best to consult an expert to determine whether this insurance product is for your or not....Show more

Jon Bergmeier: Long-term care insurance is a type of insurance that covers financing long-term care expenses. It includes assistance in performing the activities of daily living, these are the services not covered by typical health insurance, it more focused on custodial/personal care. Also included is expenses incurred when you have to go into long-term care facilities like assisted living and nursing homes, home care is also allowed, but you have to make sure that it is stipulated in your policy....Show more