LTC vs. Chronic Illness Riders: What’s the Difference?
Producers and clients alike may feel overwhelmed or confused by the ever-increasing variety of long-term care and chronic illness products and riders available on the market today. The differences between the options can be quite profound. To further compound the confusion, Both long-term care
and chronic illness riders have limitations on what is considered covered or qualified care. There is no standard across the industry of what an insurer must consider qualified care, and each insurer may have varying stipulations regarding the expenses covered.
We’ve laid it all out for you in this invaluable reference piece.
Count on DBS to help you initiate a better LTC conversation.
Contact your dedicated Case Design Analyst today for the information, tools, and tips you need to make the long-term care discussion a positive and productive experience for you and your clients. You can also visit our Linked Benefit Resource Center to learn more.
