Short Term Care

Short term care plans are ideal for those who may be older or have some health challenges which limit the availability of other products. Some people will also opt for this type of plan in addition to an existing long term care Insurance policy to add additional benefits at a reasonable cost.

Short term care policies usually have a one or two-year benefit period for care. These plans will pay a cash indemnity to you directly when you qualify for benefits. The most significant benefit is the relaxed underwriting standards, including considering older potential applicants, even someone in their 80s.

Applicants cannot be receiving care at the time they apply and they must be able to answer "no" to several "knock-out" questions to meet eligibility guidelines. Otherwise, they work very similarly to long term care policies and have comparable triggers for benefits.