Elderly care cover pays out on specified illnesses that are more likely in older age, which vary by insurer, but can include:
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Alzheimer's Disease
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Motor neurone disease
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Parkinson's Disease
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Pre-senile dementia
Also covers "failures of activities from daily living", from any injury or disease which means you can no longer perform three out of five activities of daily living:
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Continence
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Dressing
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Feeding
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Mobility
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Using the toilet
Some policies say 2 out of 5, others vary the activities of daily living. The products pay out a lump sum. They are not true Long Term Care products, which pay care home bills and the like or provide an income.
Types of cover: Index
