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Tag: benefits of traditional LTC

Cash Indemnity Long-Term Care Insurance Policies

Cash protection

Last updated on January 26th, 2021 at 03:57 pm Years ago, hybrid long-term care policies had not been invented. Traditional standalone LTC policies offered a rich benefit called “cash indemnity” benefits. This meant that when it came time to make a claim, your requirement for documentation of actual expenses was virtually non-existent. Over time, insurance …