Will Long Term Care Insurance Pay For Assisted Living?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, many Long Term Care Insurance policies will pay for assisted living costs. They may even pay for custodial care at home if you get a policy that specifies that. Contact a good LTC agent and review all the benefits to be sure that you are getting a Long Term Care policy that can be used for costs beyond just nursing home expenses.
    Answered on May 29, 2013
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