LTC Insurance for Individuals Who Are Needing Long-Term Care
Long-term care insurance, also known as LTC insurance, provides medical coverage and monetary support for people who have disabilities and other life-altering conditions that could prevent them from pursuing normal lifestyle activities. LTC insurance is not just for those in nursing homes or aged-care facilities. It can also be of assistance for anyone who needs it. LTC is not for everyone; however, it does provide coverage for those who would otherwise be left without it. Long term health problems or illness could result in death if proper care is not taken. LTC provides financial assistance for medical expenses incurred by such individuals. It also provides monetary assistance to pay for living expenses while waiting for a qualified physician to be appointed. Such an appointment could take several months; therefore, the insured should ensure that he or she can continue to pay for food, gasoline, entertainment, and so on. Long term care insurance is different from long-term insurance ...