When should I file a claim for LTC insurance benefits?
As soon as you become benefit eligible – by losing the ability to perform two of the six Activities of Daily Living or by becoming severely cognitively impaired – you should file a claim, assuming that you benefit eligibility is expected to last at least 90 days. Once you file your claim, the carrier will need to review your claim and obtain medical records supporting your benefit eligibility as well as doctor certification that your need for care will last 90 days. Also, you will need to obtain a written plan of care. These processes typically require at least one month, and often longer to complete. Therefore, by filing your claim as early as possible, you can expedite your initial benefit payment.