Michigan Long Term Care Insurance

Written by Norene Anderson
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Michigan long term care insurance is designed to give peace of mind to individuals as they enter the golden years of life. This type of policy is one that is almost certain to be used if the policyholder lives long enough without sudden death. Any type of prolonged mental or physical deterioration or a lengthy illness can result in the need for 24-hour supervised care.

The best way to make certain that you will be cared for properly in case of assisted living needs is to purchase a long term care policy. This should be done before there are pre-existing conditions that will either preclude your acceptance or make the premiums unaffordable. When making application, ask the company how far they will look back in your history to determine if you have a pre-existing condition.

Get Quotes for Michigan Long Term Care Insurance

All policies use certain types of gate keepers. These are the criteria that make it possible for you to receive benefits. You need to know what the insurance company bases the obligation for payment on. Is doctor certification necessary? What determines medical necessity? Is the inability to perform ADLs (activities of daily living) enough to receive care? What else is considered in cognitive impairment diseases such as Alzheimer's?

Some policy carriers offer a discount if both spouses enroll. First of all, find out if this is a benefit offered. Next, ask if the discount ends when one spouse dies. Get total price quotes including discounts, riders, and any other charges that may be a part of the premium. Just keep in mind that if a policy sounds too good to be true, you probably need to look a little harder. While there are some very affordable long term care policies available, don't be caught by one that is not only low in cost, but is also low in provision.


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