Most long-term care insurance policies are designed to mitigate the cost of long-term assisted living care, not to cover the entire daily cost.
Retirees should plan to absorb some of the cost themselves, assuming that daily supervised care is needed. That being said, if you own a long-term care insurance policy and the insurance company is refusing to pay benefits for the care you need, then you may have a fight ahead of you.
Insurance policies by nature are complex with various stipulations for how benefits are paid, so the first step in to avoiding a dispute is to understand your policy very clearly and ask your insurance agent as many questions as possible.
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