Long Term Care Policy Provisions

Long term care policy provisions can be confusing. You can find straight-forward explanations of the contract, assignment, facility of payment, refunds of unearned premiums, and other common terms. Find out about more by clicking here.

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Long Term Care Insurance Fraud (Potential for Abuse)

The potential long term care insurance fraud and abuse is greater than most other insurance types due to the vulnerable populations served. To protect yourself, make sure to read your policy and not just rely on a summary or the word of an agent. Find out specific things to look out for and what to know before you start a policy here.

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Long Term Care Insurers Settle Class Action Lawsuit For $15M

Two insurers have agreed to settle a class action lawsuit that alleged bad faith insurance practices over their long term care insurance policies. Hundreds of Missourians had sued the insurance companies for raising their premiums on long term care insurance without notice, but over 1,600 will benefit.

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Suing on a Long Term Care Insurance Policy

Filing a lawsuit on a denied long term care insurance claim is challenging since the insurer has far more experience in litigating their policies and know how the courts define standard terms. This gives the insurer an advantage when drafting policies.

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What if I Can No Longer Afford My Long-term Care Premium?

If you have not purchased a nonforfeiture benefit, the policy terminates at the end of the premium paying period with no further benefits for expenses incurred after that date. Click this link for advice on how to handle your long-term care policy in the event you can’t afford payments.

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