Long Term Care
Questions:
- What is Long Term Care?
- What are the Activities of Daily Living (ADL)?
- Why do I need long term care insurance?
- What is long term care insurance?
- Where can I acquire more information about long term care?
1. What is Long Term Care?
Long Term Care is
Care provided to a person who requires some form of daily assistance in performing Activities of Daily Living (ADLs) due to advanced age, chronic illness or a disabling condition
Assistance to a person in maintaining his/her level of functioning
- Different from care or services provided to rehabilitate or correct certain medical problems
2. What are the Activities of Daily Living (ADL)?
Activities of Daily Living are routine activities carried out for personal hygiene and health (eg. dressing, feeding, mobility, toileting, transferring and washing), essential to independent living.
3. Why do I need long term care insurance?
There are a few reasons why you need a long term care insurance
- Preserve Financial Independence
- Protect your savings & assets
- Maintain your dignity & personal control
- Avoid you from becoming a burden to someone else
4. What is long term care insurance?
It is a plan that pays a monthly income benefit to cover the cost of providing elderly care when a person is unable to care for him/herself, either as a result of illness, injury or Advanced Dementia (a reduction of mental capacity).
The monthly income benefit will help to pay for the cost of engaging professional help or offset the income lost by a relative staying home to care for you. Where home care is no longer possible and special care in a facility such as nursing home is required, this monthly income benefit will also help pay that cost.
5. Where can I acquire more information about long term care?
Manulife Insurance Berhadhas a dedicated site to provide information on long term care. The website address is http://www.longtermcare.com.my or you can
click here to visit the site.