Is Alzheimer’s disease covered by long-term care insurance and when is the best time to shop for long-term care insurance?
Most long-term care insurance policies will cover dementia and other organic cognitive disabilities. Check the policy contract to be certain. An insurance company will not issue a new long-term care insurance policy to someone already suffering from any sign of memory loss or dementia. In terms of when to buy, it is more important to know the difference between a traditional and non-traditional policy. Of course, with insurance, it is always better to purchase a plan sooner than later in life when it is more affordable.
