dude57

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what is the difference between disability insurance and long term care insurance?

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0 Views: 318 Answers: 3 Posted: 13 years ago

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Colleen

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For a more in depth answer, read here: http://www.investorguide.com/igu-article-336-disability-insurance-understanding-disability-and-long-term-care-insurance-policies.html

13 years ago. Rating: 0
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Vinny

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I believe disability insurance is what it states, if you have a sudden disability and can't work, it will pay you..

long term care insurance is if you are bedridden and/or placed in a senior home.. This is my take on it, I am not totally sure though..

13 years ago. Rating: 0
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FreedomFighter

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Disability insurance is based upon a percentage of your pay, typically 60-66%. Short term disability will only pay for a few months that you are unable to work, and long term disability pays you beyond the short term for as long as you are unable to work. Long term care insurance pays for your nursing care for as long as you are alive.