A. Life Insurance Policy Riders -Long-Term Care Rider-

A rider that costs extra and may be added to a cash value policy

Long-Term Care Rider

Any amount used for approved long-term care expenses reduces the policy's death benefit

Long-Term Care Rider

Generally 90 days

Long-Term Care Rider

The premium must be paid on the policy to keep this benefit in force

Long-Term Care Rider

The rider allows the insured to take money out of the policy's cash value to pay for qualifying nursing home care or home health care expenses

Long-Term Care Rider

The waiting period begins when the insured meets the definition for eligibility in the rider

Long-Term Care Rider

Which types of life insurance policies this rider may be added to vary by insurance company

Long-Term Care Rider

May be subject to a waiting period ( sometimes called an elimination period)

Long-Term Care RiderLong