Insurance policies with LTC coverage provide better benefits than those with Chronic Illness coverage though the qualification criteria are the same.
The qualification criteria for both Long-Term Care (LTC) and Chronic Illness benefits are the same: unable to perform 2 out of 6 ADLs (bathing, dressing, using the toilet, eating, transferring and continence), or severe cognitive impairments such as Alzheimer’s or Dementia. However, important differences exist between the two benefit classifications as captured below.
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