As the population ages, more individuals and families are facing the realities of cognitive decline, including dementia and Alzheimer’s disease. These conditions require specialized care that can be both emotionally and financially taxing. For many families, long-term care (LTC) insurance is a crucial resource. But a common question arises: Does long-term care insurance cover dementia […]
When navigating the complex world of long-term care (LTC) insurance, one term you may encounter is “lack of medical necessity.” This phrase can feel overwhelming and frustrating, especially in the context of claims denial. To help you understand what this term means and how it affects your LTC insurance, Kantor & Kantor, LLP, explores its […]
1st in a Series on Long-Term Care (LTC) As we grow older, many of us become acutely aware of the care needs and financial arrangements necessary for aging parents. Long-term care insurance (LTC) is designed to assist with the costs associated with various forms of assistance, including in-home care, assisted living, and nursing home facilities. […]
Planning for the future is never easy. It is one of those things we know we should do, but it often gets pushed to the back burner. If you are in your fifties or early sixties, you might think, I am healthy now—why should I worry about something that may not even happen? It is […]
Long-term care (LTC) insurance is designed to provide financial peace of mind, ensuring that you or your loved ones can afford the care needed later in life. But with inflation driving up the costs of care, the premiums for these policies have been steadily climbing. The issue becomes even more complex when you consider that […]
Your loved one living with Alzheimer’s disease deserves care. Learn about resources that support the process of filing a long-term care insurance claim.
1. My parents have a long term care policy. What kind of insurance benefits are they entitled to? Generally, long term care insurance provides benefits to pay for care when one is no longer able to perform “activities of daily living” or has a “severe” cognitive impairment. The type of benefits provided depends upon the […]
Do not assume that the insurance company properly cancelled your policy. You should have the cancellation of coverage reviewed by a long-term care attorney. Insurance companies repeatedly cancel insurance policies in violation of the terms of the policy and/or statutory law.The most common examples of improper cancellations of coverage include the following: 1. When there […]
What is bad faith? In many states, including California, Washington, Arizona, Nevada and Colorado, when your insurance company breaches their contract with you, it could potentially be more than a breach of contract. It could also be a breach of the implied covenant of good faith and fair dealing, which is known as “bad faith.” […]
What is Long-Term Care InsuranceLong-Term Care Insurance provides coverage for elderly or chronically ill individuals who are unable to perform daily activities such as dressing, bathing or eating, or who have cognitive deficits which require them to be supervised for their own safety. These policies are often purchased decades before such coverage will be utilized […]
