1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Long term care insurance is a morbidity that mitigates the cost of assisted living care and/or nursing home confinement. Long term care is generally a stand alone policy with various add on riders like inflation or cost of living increases. Long term care can also take the form of a rider on life insurance and annuity products for carriers that offer them.
    Answered on August 10, 2013
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