Short Term Care Insurance

Not the same as Long Term Care Insurance because Long Term Care Insurance provides benefits for a longer period of time!

Reasons to Consider Short Term Care:

  • Provides the same type of benefits as Long Term Care Insurance (home care, assisted living, and nursing home benefits)
  • Pays benefits based upon the same Long Term Care "triggers" (need assistance with at least 2 ADL's)
  • Lower monthly premiums and shorter elimination periods (typically 0-day waiting period)
  • Medical underwriting may be more lenient (still not "guarantee issue")
  • Can provide a "peace of mind" daily cash benefit for up to 360 days for when tragedy strikes