What is waiver of premium and restoration of rights mean with respect to long term care insurance?


Video Transcription


Longterm care insurance provides home healthcare and nursing home care. Often in these policies we see a couple of unique benefits. One is referred to as the waiver of premium. This means that while the insurance company is being benefits you no longer have to pay the premiums for the policy. Now, a lot of times the insurance company will continue to charge premiums even though you’re still obtaining benefits. If this is happening, your insurance company is inappropriately applying your policy and you may be able to collect the premiums you’ve paid. Another benefit is the restoration of benefits. Keep in mind that most longterm care policies provide a maximum benefit period of a certain number of years. In certain cases you may be entitled to restore all of the benefits under the policy. If you have any questions about the restoration of benefits or the waiver of premium, or think these policies have been inappropriately applied, contact an insurance attorney who is familiar with these types of issues.

LEADER, LEADER & ZUCKER, PLLC.

Innovative – Skilled – Experienced Knowledgeable – Aggressive

  • 954-523-2020
  • 954.523.2525
  • 633 South Andrews Ave. Suite 201
    Fort Lauderdale, FL 33301

TESTIMONIALS


Michael, Thank you so much for all of our support and diligence over the past seven months. That was the most trying and difficult time of my life. Michael’s legal expertise was top notch.

The Firm was very professional, always kept me up to date with the progress of my case. The attorney was available 24 hours a day 7 days a week and returned all calls in less then a day.

WE’D LOVE TO HEAR FROM YOU…



  • Please prove you are human by selecting the Plane.

Compassionate, Dedicated Legal Representation


PRACTICE AREAS

Most people believe that when they have a problem with their home, their insurance carrier will be there to help.

It appears that many, if not most people underestimated the amount and/or cost of long-term care related expenses.

If you are arrested and charged with a crime in Broward County or Miami-Dade County, you need the most aggressive.

In the state of Florida, you can be convicted of a DUI offense if the prosecution can prove that you had a BAC or blood alcohol content of 0.08 or higher.

ABOUT

Leader, Leader & Zucker, PLLC was founded and is operated with the fundamental principles of innovation, skill, experience, knowledge, aggressiveness and, most importantly, personal attention to all of its clients.

QUICK LINKS

HOME

ATTORNEYS

PRACTICE AREAS

BLOG

LEGAL VIDEO

CONTACT

LOCATION

CONTACT

Address:
633 South Andrews
Ave Suite 201
Fort Lauderdale, FL 33301
Phone:
954-523-2020
Fax:
954.523.2525