Benefits Triggers (Triggers) Archives – Long-Term Care Insurance

Yugo Failed! Long Term Care Insurance Must Be Dead Now

Between 1985 and 1992, over 140,000 Yugos were imported into the United States. The Yugo rarely met emission standards, had an unreliable electrical system, and continually broke down. The joke went: “Why does the Yugo come with a rear defroster?…..” “so your...

What are Benefit Triggers in a Long-Term Care Insurance Policy?

by Scott A. Olson, CLTC

Benefit Triggers (Triggers) = Term used by insurance companies to describe the criteria and methods they use to determine when you are eligible to receive benefits. Source: National Association of Insurance Commissioners A Shopper’s Guide to Long-Term Care...