Long-Term Care Insurance
/ˌlɔːŋ tɜːrm keər ɪnˈʃʊərəns/
Definitions
- (n.) A type of insurance policy that covers costs associated with long-term care services, such as nursing home care, home health care, or assisted living, typically not covered by regular health insurance.
She purchased long-term care insurance to secure financial support for potential nursing home expenses.
Forms
- long-term care insurance
- long-term care insurances
Related terms
See also
Commentary
Long-term care insurance often requires careful drafting to specify covered services, elimination periods, and benefit triggers to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.