Long Term Care Insurance and CCRC Financial Qualification
If you have long-term care insurance (LTCI) be sure to tell the CCRC (Continuing Care Retirement Community also known as a LifePlan community) during their financial review of your application. If you receive a monthly amount if you are in assisted or nursing care from the LTCI the CCRC will credit your monthly income with the amount in their affordability calculations. While LTCI is generally expensive, in this case it will help your aim to qualify financially for your dream CCRC.
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