Bathing, continence, dressing, eating, toileting, and transferring
What are the activities of daily living?
100
Direct billing, bank draft and credit card are forms of this
What are the payment modes?
200
This is the two digit company code of the current John Hancock product
What is 06?
200
This is the maximum amount the policy will pay for each day of covered services.
What is the Daily Benefit?
200
This rating is desired by most applicants because is costs less.
What is preferred?
200
Care that requires a higher skill level typically from a dietician, social worker or family therapist
What is intermediate care?
200
10-Year and Paid up at 65 are forms of this
What is limited pay options?
300
This company sold a 8 or 9-digit policy number beginning with a 99 or 099?
What is the old John Hancock products?
300
An addition to a policy or thing that is offered to a policyholder at time he or she purchases LTC insurance? Varies from product to product.
What are optional benefits?
300
Normal rate issued on a policy
What is standard or select?
300
This contract provision allows the policholder to review the policy and return it for their initial premium return.
What is the 30-day free look?
300
While a policyholder is on claim, she or he does not have to pay his or her premium from the time the EP end to the time when benefits are no longer payable.
What is waiver of premium?
400
This is the 2-digit company code used for Fidelity Investment sales.
What is 05?
400
An addition to a policy that becomes part of the contract and expand or limits the benefits payable
What is a rider.
400
Special rating offer made to spouses or partners
What is a spousal discount?
400
This contract provision that allows for the policy to remain in-force pending premium payment
What is the grace period?
400
The current method for a single payor (i.e. employer) to pay for the premiums of multiple policies ( minimum 3).
What is list billing?
500
This is the unique program that begain in the 1980's that brings together states and private insurers to address LTC needs for low income risks typically eligible for Medicaid.
What is Partnerhsip?
500
Time period for which payment will be made for covered services?
What is the benefit period.
500
Available to policyholders who want to insure three (3) or more family members?
What is Family Discount?
500
Home health care, adult day care, assisted care living facility, nursing home care, hospice care and respite care
What are the covered services?
500
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