Tips On Shopping For
Long-Term Care Insurance

Experts say that there are several important features to look for when purchasing long-term care insurance protection:

• Company is financially sound.

• High ratings from independent rating services.

• Pre-existing conditions covered from day one.

• Protection from unintentional lapse.

• Choice of daily benefit amounts, policy maximums and waiting periods.

• A pool of money from which you can draw your benefits.

• Assisted care living facilities covered the same as nursing homes.

• Care Advisor coordination services.

• Federal tax qualification.

• Discounts for good health.

• Flexible home and community-based care benefits:

• Home health agencies.

• Adult day care.

• Informal care.

• Caregiver training.

• Time-out for caregivers.

• Special medical equipment to help keep you at home.

• Nursing home bed reservations for any reason - 30 days.

• Premium is waived after 90 days of receiving either nursing home or home care benefits.

• Special discounts for spouses and siblings.