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Long Term Care Insurance Q & As
Question 17 of 19 in Features Of A Typical Policy
Restoration of benefits
Many policies have specific dollar maximums after which benefits are no longer payable. If you have received benefits under such a policy, the restoration of benefits provision restores the maximum if you go for a stated period of time without receiving benefits. For example, suppose that your policy has a maximum benefit of $100,000, and you receive $20,000 in benefits. At this point your remaining benefit maximum would be $80,000. Then, you do not receive additional benefits for, say, one year. The provision then restores your maximum to the original $100,000.