Question:

Key benefits of long term care insurance

by Guest11329262  |  10 years, 5 month(s) ago

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Key benefits of long term care insurance: Among many of these benefits, of course the most important one is to provide funds for your care when you are unable to do some of your daily activities. This is actually the main difference between this plan and the Disability Insurance; Long Term Care Insurance does not provide income or any portion of your income, it actually pays for the cost of your care up to certain amount which is determined within your policy. In other words, Disability Insurance provides you a portion of your income where Long Term Care Insurance actually pays for the cost of your care. Now you can see the importance and the complimentary nature of the two insurance plans; while you are receiving a portion of your income through your Disability Insurance - which is always less than your regular income, you will also have your Long Term Care Insurance paying for the cost of the care that you are receiving.

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 Tags: benefits, care, insurance, key, term

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4 ANSWERS

  1. johnvictoramw

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  2. Preeta

    Any type of insurance is very important now a day's.To have insurance is the best decision, even i have the life insurance which i purchased online from http://buyonline.aegonreligare.com/iterm-plan.asp and i found it the best site.
     

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  4. skylighters

     long term care insurance is important nowadays because of the skyrocketing costs of health care all over the United States. though we dont pray for it, long term care can happen to everyone. The best thing to do is prepare, and one way to do it is to secure a policy for yourself. 

    Here are some of the advantages of LTCi http://www.completelongtermcare.com/resources/what-is-ltci.aspx

     

     

     

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