What medications do you currently take, dosage, and for what medical conditions. Be advised that questions vary tremendously between the different insurers depending on their specific underwriting requirements and the above is basic information only for independent review. It is not a formal application for coverage. Be absolutely sure to list all problems- incorrect or inaccurate data could not only delay coverage but cause a denial. Be sure to let your agent know of these past conditions before you start with an application.
Different conditions require different insurers.
Short term memory is an element they can easily check in your home or on the telephone in less than 1 hour. There are various financial strategies presented as to whether an individual can or should purchase a Long Term Care policy. The questions asked consider liquid assets, those that are easily liquidated, income, tax brackets, medical costs and more. By analyzing the answers and combining them with your personal desires and attitudes, along with a good understanding of the statistical need, it is possible to define what alternatives are available. But I will repeat- attempting to give your assets away so you can die in a Medicaid ward is not planning of any type.