Shopping for a long term care Insurance Policy can be confusing. So, some people, although they know the significance of having one during retirement, shy away from the idea of buying because this type of policy seems to be more complicated than typical life or health insurance. If you share the same dilemma, then perhaps you can make use of these tips in comparing long term care insurance policies.

First, you have to make a summary of all the ADLs or Activities of Daily Living that you need. Then, check each insurance company if the policy that they offer covers all those ADLs and ask what qualifications are needed for receiving benefits. Now if one company offers a policy that pays for more ADLs with less qualification, then put it on top of your list.

Second, do not disregard the significance of inflation protection included in a long term care Insurance Policy. A lot of insurance agents tend to mislead you by saying that they have the cheapest lowest policy in town simply because theirs does not include inflation protection. True, this can add up the price of any policy. But if you consider the fact that prices of long term care insurance change every year, and even get higher, all the more you need a policy that includes inflation protection.

And third, see if the policy offers various levels of care like assisted living, home care, and nursing home care. You don’t know what your needs will be in the future – perhaps at first, you can still make use of home care, but later on you might need nursing home care. So it’s best to get a policy that covers all these and more.

Choosing the right long term care insurance policy does not really have to be confusing. Anyway, keep all these in mind and you won’t go wrong in finding the best deal.

•       Long term care insurance - Introduction Under long-term care insurance, many services are covered that may include nursing home care, home health care, assisted living …

•       How do you want to live your life after retirement? If you want to live comfortably and worry-free in the future, then even at a …

•       Thinking about buying long term care insurance policy but don’t know if you are making the right move or not? Well, if you have experienced …

•       “There’s no place like home!” Sounds familiar, right? We often say this line when we’re finally home from a long vacation or business trip or …

•       Did you ever come to a point thinking about how your life would be when you retire? Are you imagining it to be as comfortable …