A Shopper's Guide to Long-term Care Insurance. Only coverage typically means all levels of nursing care - skilled, intermediate, and custodial that has been approved by the insurance company. Home Health Care Only is required to include adult day care services. Such aides have less training and primarily help patients with personal or custodial care. Companies are allowed the option to offer coverage for homemaker services, such as cooking, cleaning, and running errands.
Combined policies pay for services provided in a nursing facility, in the community, or at home.
All policies in Texas must be guaranteed renewable. That means that the insurance company generally cannot refuse to renew the policy or change policy provisions as long as the premiums are paid on time, subject to policy maximums. This does not mean that the premium rate is locked in for a lifetime because Texas permits premiums to be raised for an entire class of policyholders. Waiver of Premium . Waiver of premium may allow the policyholder to stop paying premiums once he or she becomes eligible for benefits.