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Can I stop/pause benefits after I start using my LTC insurance? episode artwork

EPISODE · Dec 13, 2023 · 13 MIN

Can I stop/pause benefits after I start using my LTC insurance?

from Preparing For Tomorrow podcast · host Diane Stoddart

Emily in MIchigan has a cash indemnity LTC plan. She asked, "Do they just keep paying until the benefits are all used or can she stop the payments mid-stream if care is no longer needed?" Indemnity plans simply pay the maximum benefit each month without any need for invoices to be submitted, so how will they know to stop paying? Diane shares some key differences in how both reimbursement and indemnity LTC plans work. Let's talk and find out which may work best to protect your family, assets and choices. You can schedule time to design your plan to protect your family at https://calendly.com/diane-p4t/60min I'm glad to help!

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Can I stop/pause benefits after I start using my LTC insurance?

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Frequently Asked Questions

How long is this episode of Preparing For Tomorrow podcast?

This episode is 13 minutes long.

When was this Preparing For Tomorrow podcast episode published?

This episode was published on December 13, 2023.

What is this episode about?

Emily in MIchigan has a cash indemnity LTC plan. She asked, "Do they just keep paying until the benefits are all used or can she stop the payments mid-stream if care is no longer needed?" Indemnity plans simply pay the maximum benefit each month...

Can I download this Preparing For Tomorrow podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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