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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Elimination Period

The elimination period in a long term care insurance policy is like a waiting period or a deductible period in your typical health insurance policy. You are responsible for paying all your long term care costs that are subject to the elimination period.

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Respite Care Benefits

The Schedule of Benefits on your long term care insurance policy will show separate maximum daily benefit amounts for respite care, which can be provided in many different settings.

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