Below are 10 Long-Term Care Insurance terms that will give you a greater understanding of the language in LTC.


Assisted Living Facility: Residency or housing that allows people that cannot live independently with disabilities to live and be assisted in their day to day.

Acute Inpatient Rehabilitation Facilities (Acute Rehab) : People who suffer from injury or illness that cannot live independently work on daily activities to help them return back home.

Independent living facility: Also known as retirement communities or senior living communities, allows seniors 55 and older to live independently with a third party home care service.

Custodial Care: A non licensed or skilled professional that can provide safe daily services and offer reasonably supplies. Such as bathing, dressing, or helping with eating.

Palliative Care: A specialized medical care that focuses on relief for mental or physical stress and pain due to a long-term illness.

Maximum Daily Benefit (MDB): A long term care insurance policy during a claim period will pay up to a preset amount daily.

Elimination Period: The time in between when an insurer was injured or started an illness to when they start receiving benefits and making payments. Also known as the waiting period.

Benefit Triggers: The term that insurance companies use to decide after evaluating criteria to make sure that you are eligible for receiving benefits.

Community Spouse Resource Allowance (CSRA) : The husband or wife of the applicant gets allowance of money that they get to keep and not have to spend down.

Aging in place: A person that lives at home and receives care instead of being institutionalized.