Health

Long-term care insurance Long-term care insurance pays for several types of care, including: Care in a nursing home or assisted living center. Nursing care and other health services at your home. Nursing, therapeutic care, social and educational activities, and supervision at an adult day care facility. Other services. Some policies pay for hospice care, respite care (care to allow time off for family members who are caregivers), care after a hospital stay, help with household chores, or caregiver training for family members.

Accident or disability plans are crucial for individuals not working for large companies or self-employed individuals. These plans, known as accidental death and dismemberment (AD&D) policies, pay claims if you die or lose body parts due to an accident or injury. Some companies may offer an accident disability insurance rider, allowing claims if you cannot work due to an accident.

Dental insurance is a type of health insurance that helps pay for the costs of dental care. It typically covers preventive care, such as cleanings, X-rays, and fluoride treatments, as well as restorative care, such as fillings, crowns, and dentures. Some plans may also cover orthodontics and periodontal care.

Life insurance is a contract between a policyholder and an insurance company, where the company promises to pay a designated beneficiary a death benefit upon the insured person's death. It provides financial security for loved ones, covering funeral costs, outstanding debts, or income replacement. Common types include term life and permanent life insurance.

Health insurance is a monthly financial agreement between an individual and an insurance company, covering medical expenses in case of illness or injury. Private health insurance is typically employer-sponsored and can be purchased independently, while public health insurance, such as Medicare, Medicaid, and CHIP, is provided by the government.

Pet insurance covers veterinary care for pets, covering accidents, illnesses, surgeries, hospitalization, and prescription medications. Coverage varies based on provider and plan, similar to health insurance for humans.