What are some of the riders that impact the cost of the coverage?
• Adding Inflation Protection Rider Since you are purchasing LTC perhaps years before the benefits will be paid this rider provides increases in the daily benefit limit which helps protect you against inflation. • Adding a Nonforfeiture Benefit Rider this option returns at least some of the premiums paid even if you cancel or lapse your policy. • Choosing an Indemnity Rider with this rider, if you qualify for benefits, the company will simply pay the daily amount regardless of the actual expenses incurred. • Adding a Home and Community Based Services Rider this rider changes the daily benefit to a monthly amount giving you more versatility with the timing of your services. Who decides if I am eligible for benefits if I have a LTC policy? You or someone on your behalf will be asked to complete a claims form. This will include a physicians statement and may include a statement from a nursing facility. What guidelines are used to determine my eligibility for benefits? Most Long Term Care
