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Long Term Care Insurance Terms

Familiarize yourself with these long term care insurance terms before you obtain quotes from us or anyone else.

Elimination Period
There is a short period of time that you must pay your long term care costs even when you have a long term care insurance policy. This is called the elimination period. These are usually paid in months, rather than actual amounts.


Benefit Period
This refers to the length or duration that you receive benefits from your long term care insurance policy. By benefits, we are referring to your long term care costs.

The benefit period is pretty flexible. You can choose whatever term you'd like to. You can even choose to be covered for a lifetime. This is called whole long term care insurance.