Can Long-Term Care Insurance pay benefits if the need for care was caused by a car accident?

Answer:

Yes, if the insured meets the policy's benefit eligibility requirements. A tax-qualified Long-Term Care Insurance policy generally pays benefits when someone is expected to need substantial assistance with at least two of the six activities of daily living for at least 90 days or requires substantial supervision because of severe cognitive impairment, subject to the policy's terms and elimination period. The cause of the need could be an accident, illness, dementia, or the effects of aging.