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<blockquote data-quote="dennishoddy" data-source="post: 3987247" data-attributes="member: 5412">It certainly won&#039;t. It&#039;s a policy to cover your care in an assisted living/nursing home type deal without draining your personal reserves with the person paying the premiums. As always, it depends on the policy you select and the price it calls for.My MIL is in assisted living after paying for the long term care policy for about 15 years. Everything is covered. She has zero to pay once the facility submits their bill. We took that to heart and put the wife into a policy similar to MIL. In the first few years, it&#039;s not total coverage. Don&#039;t remember the scale to full coverage, but its 5-10 years or something. All depends on the underwriter and company willing to take the risk.I&#039;m not an insurance person at all and may be off a bit in my comments because I&#039;m working off memory. We have some insurance experts on here that can clear anything up that I may have missed.</blockquote>

[QUOTE="dennishoddy, post: 3987247, member: 5412"] It certainly won't. It's a policy to cover your care in an assisted living/nursing home type deal without draining your personal reserves with the person paying the premiums. As always, it depends on the policy you select and the price it calls for. My MIL is in assisted living after paying for the long term care policy for about 15 years. Everything is covered. She has zero to pay once the facility submits their bill. We took that to heart and put the wife into a policy similar to MIL. In the first few years, it's not total coverage. Don't remember the scale to full coverage, but its 5-10 years or something. All depends on the underwriter and company willing to take the risk. I'm not an insurance person at all and may be off a bit in my comments because I'm working off memory. We have some insurance experts on here that can clear anything up that I may have missed. [/QUOTE]

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