Unlike long-term care insurance, STC typically provides benefits for less than 12 months. These policies can be a good choice where someone’s health won’t allow them to qualify for Long-Term Care or where personal finances make it an easier option than Long-Term Care.
The trigger to access benefits are very similar to Long-Term Care policies and depending on the plan will pay for home health care, assisted living and nursing home care. Unfortunately Short-Term Care policies are not available in every state.
If you have questions about which type of policy is best for you, contact us today for a consultation.