what is LTCI
this type of care is for people who need assistance with daily activities, like eating or dressing.
what is long-term care
This type of coverage helps with tasks like bathing, eating, and dressing at HOME
what is home health care
this is the term for the amount you pay every month or year for long term care insurance
what are premiums
this type of care includes assisted living and nursing homes
what is traditional
True or false: the older you get, the more expensive premiums become
what is true
True or False: long-term care insurance helps pay for care in nursing homes
what is true
This type of care is given to people who need assistance in a nursing home
what is custodial care
what is lower
this type of care combines life insurance with long- term care benefits
what is Hybrid policies
True or false: you need to be sick to buy long term care insurance
what is false
This is a common reason someone might need long-term care
what is aging or disability
this type of care is for medical needs
what is skilled nursing care
this is a common reason your premiums may increase overtime
what is inflation
this type of care is offered through an employer or organization
what is Group LTCI
what is 60s
This is the term for the amount you pay regularly for your long-term care insurance.
what is a premium
what is memory care
Some policies allow you to pay premiums for a set number of years instead of your whole life, this is called a ______ ___ ______
what is limited pay policy
what is Hybrid Care
this factor affects how much you pay for LTCI
what is age
True or False: Long-term care insurance is only for people in their 70s and 80s
what is false
this type of care helps take care of someone during the day while the family caregiver gets a break
what is adult day care
If you stop paying premiums, your premiums might become _______
what is inactive or canceled
this facility helps people who need assistance with daily living but don’t require full time medical care
what is an assisted living facility
Name 3 categories of people that typically purchase LTCI
what is older adults, alzheimer’s victims, veterans, people recovering from surgery/ illnesses