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Glossary
Pool of Money

Pool of Money

Definition:

Pool of Money

see Lifetime Maximum Benefit

Glossary

Assessment
Rider
Compound Inflation
Continuing Care Retirement Community (CCRC)
Contingent Nonforfeiture
Instrumental Activities of Daily Living (IADL)
Respite Care
Premium
Facility Only Policy
Nonforfeiture
Activities of Daily Living (ADL's)
Cash Benefit
Elimination Period
Medically Necessary Care
CPI-Based Inflation
Step-Down

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Matt McCann is one of only a handful of specialists nationwide endorsed by the American Association for Long-Term Care Insurance. A national consumer advocacy and education group, AALTCI's mission is to educate consumers on the need for planning and provide them with the facts necessary to help them make an educated decision.

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