Long Term Care Insurance

Long-Term Care consists of a range of services and supports that you may require in meeting your personal and health needs after a period of time. It offers the assistance with the basic personal tasks of everyday life. The Activities of Daily Living (ADLs) are as follows:

• Bathing
• Dressing
• Eating
• Managing Continence
• Toileting
• Transferring (such as moving from a bed to a wheelchair)

Other activities are considered ancillary, also known as Instrumental Activities of Daily Living (IADLs), and can help us with household tasks;

• Preparation of meals
• Grocery shopping
• Household chores
• Medicating

All of these services allow people to live as safely and independently as possible when they cannot perform the ADL’s on their own.

Long-Term Care can be provided to individuals who require the assistance of ADL’s and to an individual that is cognitively impaired. In a Tax Qualified policy, the ADL loss must be certified by a licensed health care practitioner and it must last at least 90 days. 99% of policies sold today have this clause compared to the older policies sold in the past that are considered Non-Tax Qualified.

These services or Long term Care can be provided in different settings and with a variety of caregivers depending on an individual’s own requirements. Care can be provided in a facility such as a nursing home where caregivers provide the care or in ones’ home with family members and /or paid caregivers servicing the needs of the patient.

Long Term Care FAQs
Factors to Consider
Understanding the Language of an LTC Policy