The Lesser-Known Features of Long-Term Care Insurance
Buyers of long-term care insurance often focus on just the coverage basics, such as the level of daily benefits, the length of coverage, and the conditions under which the policy will pay a claim. While these basics form the bulk of the policy, long-term care policies offer a host of other options that may prove beneficial to the policyholder. Let’s take a look at some of these available options: Survivorship premium waiver – Some policies will provide a waiver of all remaining premiums if both spouses are paying for long-term care policies from the same insurer and…
