Glossary of Terms

The definitions contained in this glossary are intended to assist you in understanding some of the terminology used on this website.

Click on the word to read its definition.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
 

A

• Abbreviated Underwriting
• Activities of Daily Living (ADLs)
• Acute Care
• Adult Day Care
• Alternate Plan of Care
• Alzheimer's Disease
• Assisted Living Facility
• Automatic Compound Inflation (ACI)

[ Back to Top ]

B

• Bed Reservations
• Benefit(s)
• Benefit Amount
• Benefit Period
• Benefit Trigger

[ Back to Top ]

C

• Care Coordination Services
• Care Coordinator
• Caregiver
• Caregiver Training
• Certificate of Insurance
• Chronic Care
• Chronically Ill
• Claim
• Cognitive Impairment
• Commission
• Community-Based Services
• Comprehensive Option
• Concealment
• Contest the Validity
• Continence
• Contingent Non-forfeiture
• Covered Services
• Custodial Care

[ Back to Top ]

D

• Daily Benefit Amount
• Declination

[ Back to Top ]

E

• Effective Date
• Elimination Period
• Exclusions

[ Back to Top ]

F

• Facilities-Only Option
• Family Member
• Formal Care
• Free-Look Period
• Full Underwriting
• Future Purchase Option

[ Back to Top ]

G

• Grace Period
• Guaranteed Renewable

[ Back to Top ]

H

• Hands-On Assistance
• Health Insurance Portability and Accountability Act (HIPAA)
• Home Care
• Home Health Aides
• Homemaker Services
• Hospice Care

[ Back to Top ]

I

• Inflation Protection
• Inflation Rate
• Informal Care
• Informal Caregiver
• Insured
• Insurer
• International Benefits

[ Back to Top ]

L

• Lapse
• Licensed Health Care Practitioner
• Life Expectancy
• Long Term Care
• Long Term Care Insurance

[ Back to Top ]

M

• Maintenance or Personal Care
• Material to Your Insurability
• Maximum Lifetime Benefit
• Medicaid (Medi-Cal)
• Medicare
• Medicare Supplement Insurance (Medigap)
• Misrepresentation

[ Back to Top ]

N

• National Association of Insurance Commissioners (NAIC)
• Non-forfeiture
• Nurse
• Nursing Care
• Nursing Home

[ Back to Top ]

O

• OPM
• Original Effective Date

[ Back to Top ]

P

• Personal Care
• Plan of Care
• Policy
• Policy Holder
• Pool of Money
• Portable Coverage
• Premium

[ Back to Top ]

Q

• Qualified Long Term Care Services

[ Back to Top ]

R

• Rate
• Renewal
• Respite Services
• Rider

[ Back to Top ]

S

• Schedule of Benefits
• Severe Cognitive Impairment
• Skilled Nursing Care
• Spend Down
• Spousal Benefits
• Standby Assistance
• Substantial Assistance
• Substantial Supervision
• Supplemental Security Income (SSI)

[ Back to Top ]

T

• Tax-Qualified
• Terminal Illness or Terminally Ill
• Therapist
• Therapy Services
• Toileting
• Transferring

[ Back to Top ]

U

• Underwriting
• Unlimited Benefit Period

[ Back to Top ]

W

• Waiting Period
• Waiver of Premium
• Weekly Benefit Amount

[ Back to Top ]