What Is Long-Term Care? “Long-term care” refers to medical caregiving services provided as a result of disability, cognitive dysfunction or chronic illness that generally can be grouped into two broad categories: Skilled nursing care refers to intensive daily nursing care administered within a skilled nursing facility, under the supervision of licensed medical personnel and in
What Is Disability Income Insurance? Disability income insurance provides an income for an insured individual who becomes totally disabled and unable to work. The amount is always a specified percentage—and always less than 100%—of the insured person’s regular income at the time the disability occurs. How Is Disability Determined? The policy includes a precise definition
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What Needs Can Life Insurance Fulfill? When an individual dies, life insurance becomes an instant source of money. It can provide immediate cash to satisfy needs created as a result of the person’s death, and it can continue to provide for survivors’ needs for years to come. From an immediate cash needs standpoint, life insurance