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Article: Five questions to ask before choosing long-term care policy.(Focus: HEALTH CARE)(long term care insurance)
- Article from:
- Westchester County Business Journal
- Article date:
- June 13, 2005
- Author:
CopyrightCOPYRIGHT 2005 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Purchasing a long-term care insurance policy is a major financial decision. The cost of the coverage and the impact it could have on your financial security make it imperative that you understand what Tuttle you're buying before you sign your name on the dotted line.
The benefits offered by various long-term care policies can differ widely, as the companies providing the coverage seek to maintain both affordable premiums and profitability. As you compare policies, look for these five essential elements:
Does coverage include nursing-home care, assisted-living care and in-home health care?
Don't assume that all long-term care policies cover ...