You should make sure the policy covers all three levels. In addition, better policies also provide benefits for care in one's residence as well as adult day care. Some policies even have benefits that can be used to adapt your home so you can avoid going to a nursing home. These are the conditions that must be met before benefits will be paid. The next issue will be choosing the level of benefits.
Most policies pay a fixed dollar amount per day.
Since the cost of such care will steadily increase, it is probably best to look for a policy which provides benefits that increase with the inflation rate. Under the new regulations, any policy offering inflation protection must be certain minimum requirements. You should also review both the elimination period and the benefit period. The elimination period is the number of days that you must pay for on your own before the policy benefits kick in. The period is generally between 0 to 365 days.