It's designed to cover long - term services, including
your personal custodial care.
Not exact matches
This type of insurance can help cover
personal and
custodial care costs, including daily living activities such as bathing, dressing and eating.
LTC insurance policies vary but most reimburse the holder up to a daily maximum amount (the average in 2007 was $ 160 per day, or about $ 4,800 each month) for home health
care — skilled nursing,
personal care and
custodial care (supervision)-- or
care in a nursing facility, Alzheimer's facility, adult day
care facility, or assisted living facility.
Long - term
care insurance covers health
care services that are needed over many months or years, such as
personal and
custodial care in an insured person's home, a nursing home, a long - term
care facility, a community organization, or other setting.
The
custodial parent may feel she has given up
personal freedoms and job advancement to provide child
care, and that she is now being asked to sacrifice further, by foregoing a new job or proximity to family, all for the convenience of a parent who already had more freedom and fewer child -
care duties.