Long-Term Care Insurance: Shared-Care Benefit Rider
IMPORTANCE RATING: 2
This long-term care insurance rider allows
couples who are insured with the same insurance company to use one
another's benefits. For example, if a couple purchases limited benefit
policies, and one insured goes on claim and depletes their benefits but
still requires care, this rider would allow them to access the benefits
of the other insured's policy.
RECOMMENDATION: We recommend first
considering the unlimited benefit maximum. Following this
recommendation negates the need to spend extra money on the shared care
However, for couples who are over 65 and cannot afford the unlimited benefit maximum, this rider may be a good value.
Return from Shared-Care Benefit Rider to Customizing Your Long-Term Care Insurance Coverage