Tuesday, June 16, 2009

Long Term Care Insurance - Understanding the Four Basic Components

 

You've done your research and have decided that Long Term Care Insurance (LTCI) is right for you and your family. The next step is to become familiar with the basic structural components of an LTCI policy.

When building an LTCI policy there are four primary variables that must be considered. They are:

• daily benefit amount
• benefit period
• elimination period
• inflation protection

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Long Term Care Insurance - Understanding the Four Basic Components

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