Long-term care (LTC) insurance is designed to assist individuals who need help with activities of daily living due to aging, illness, or injury. Benefits are typically paid through expense-incurred, indemnity, or disability methods, and misconceptions about the necessity and affordability of LTC insurance are common. Understanding personal needs, available policies, and coverage options is essential for proper planning.

2. Individual Long-Term Care
(LTC) Insurance

Long Term
Care is the
type of care
received either
at home or in a
facility, when
someone
needs
assistance with

3. Will I need long term care
insurance?
Your need for long-term care may
increase over time as you need
more and more help with
activities of daily living, such as
bathing or dressing. Or you may
suddenly need long-term care
after a major illness or injury,
such as a stroke, heart attack, or

4. How Benefits are paid
Long-term care insurance policies
generally pay benefits using one
of three different methods:
Expense-incurred method
Indemnity method
Disability method
It’s important to read the

5. Myths about LTC

I’m too young

My family will take care of me

Medicare and Medicaid will
cover my bills

I can save enough on my own

LTC insurance is too expensive

6. Policies of LTC insurance
Individual policies
Policies from My Employer
Policies from Federal or State
Government
Association Policies

7. Purpose of LTC
You may need LTC if you can no
longer perform “activities of daily
living”(ADLs) by yourself.

Eating

Dressing

Bathing

Continence

8. Reference
www.lionshareinsurance.com