Long-term care specialist Barbara Franklin talks with Sally Smith in this aging podcast about long-term care insurance. She defines this type of insurance, distinguishing it from both health and disability insurances. Mrs. Franklin explains that long-term care insurance is a pool of funds that can be used flexibly for custodial needs, which are not medical necessities but nonetheless necessary for daily living. Mrs. Franklin talks about how a long-term care insurance policy is triggered so that the money is available to the policy holder.

If you enjoyed this podcast, you may be in interested in reading Sally Smith’s book, The Circle: A Walk with Dementia. For more information on The Circle, click here.