Beneficiary

Quick Answer

This is a named person, trust, or other legal entity which you can designate in a Long-Term Care Insurance policy to receive benefits from your policy after your death. This could include any return of premium or death benefit or reimbursement for care that occurred previous to your death.

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Detailed Answer

This is a named person, trust, or other legal entity which you can designate in a Long-Term Care Insurance policy to receive benefits from your policy after your death. This could include any return of premium or death benefit or reimbursement for care that occurred previous to your death.