Reported 18 days ago
This article explains the difference between reimbursement and indemnity options in long-term care insurance. Reimbursement policies pay back the policyholder for approved expenses, while indemnity policies provide a fixed monthly payment regardless of actual costs. Generally, reimbursement policies are less expensive and more common, but indemnity may be preferred for care by unlicensed or family caregivers.
Source: YAHOO