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	<title>New answer on: Which Is The Best Long Term Care Insurance?</title>

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/long-term-care-insurance/which-is-the-best-long-term-care-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sun, 15 Sep 2013 17:16:16 +0000</pubDate>

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		<description><![CDATA[There is no one best Long Term Care Insurance policy. A feature that I think makes a good LTCI policy is the ability to use the benefit for any level of care, even able to use the benefit to pay a family member to care for you. The best policy will have a cost of living increase applied to the benefit, although not everyone can afford that feature. The best long term care insurance will come from a solid company with a history of few rate increases.]]></description>

		

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		<title>By: William Bridgers</title>

		<link>https://www.insurancelibrary.com/long-term-care-insurance/which-is-the-best-long-term-care-insurance</link>

		<dc:creator>William Bridgers</dc:creator>

		<pubDate>Tue, 02 Jul 2013 18:56:39 +0000</pubDate>

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		<description><![CDATA[The bottom-line response to this question is &quot;the long-term care insurance that is in force when you are no longer able to take care of 2 of 6 activities of daily living or are diagnosed with an organic cognitive impairment like Alzheimer&#039;s disease.&quot; However, the question is an important one and deserves elaboration.The consumer ultimately has to decide what the best long-term care insurance is for them.&#160; That requires a sometimes annoying learning curve to find out how the policy works, what the benefits, features, and riders are, and whether one can afford to purchase any kind of long-term care insurance at all.Long-term care insurance is complicated because the issue it addresses is complicated.&#160; The risk is that one has about a 1 in 6 chance of needing the help of someone else to bathe, dress, get to a restroom (in time), move from one place to another, be able to eat and/or drink food sufficient for one&#039;s well-being, take Rx medication in the proper dosage at the proper time among other&#160;basic daily activities over an extended period of time.&#160; These &quot;ADLs&quot; or, activities of daily living, are formally defined in a long-term care insurance policy.Clearly, there is a lot of subjective judgment&#160;regarding these ADLs and people are often skeptical about who will have the ultimate decision for eligibility to go on claim.&#160; Therefore, obtain a &quot;specimen policy&quot; from your agent and read it over carefully because that is what you are considering buying - not glossy marketing materials, not agent summaries and simplifications, and certainly not the illustration that might be initially provided for discussion purposes.&#160; The insurance contract is a legal document and constitutes the promise of the carrier to the policyowner.&#160; If you don&#039;t understand how it works, and you don&#039;t get satisfactory and intelligible explanations from an insurance professional - either the agent, or a carrier representative at the insurance company&#039;s home office - don&#039;t buy it.&#160; Here are some general guidelines of the best long-term care policy as represented by contract language: 1.&#160;The definitions section is easy to understand and written in language that does not use technical jargon; 2.&#160;The section on claims clearly indicates how one can receive benefits3.&#160; There are specifically stated services that the carrier provides at the time of claim to help the insured find qualified and/or skilled nurses for home care and quality-rated facilities should full 24/7 care be needed.&#160; This section of the document must include the words &quot;care coordinator&quot; and &quot;plan of care&quot;.4.&#160; Customer service contact information is prominently displayed in bold type in a font large enough to be easily read by the elderly and is found in several locations in the policy.5.&#160; Contract language&#160;allows&#160;for the possibility of medical and technical advances in care and medicine for coverage, even though it does not now exist or is not definable at this time.6.&#160; Exclusions are concise and easily understood.The best long-term care insurance is the kind that you understand.&#160; It takes a while to figure it out, but this type of insurance could be the difference in your dying alone with&#160;no (or poor)&#160;care while still alive, or dying with dignity with quality care from people that know what they are doing and have the certification and skills to treat you.&#160; Take the time and make the effort to be an informed applicant.]]></description>

		

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