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Some useful information about insurances, policies and programs:

Waiver of Premium is a common benefit in the field of life and disability insurance. This benefit provision allows you to stop paying premiums during the time you are receiving Long-Term Care benefits. Some policies require you to be in a nursing home or otherwise receiving benefits for a certain period of time before the provision takes effect. This benefit should be included in any Long-Term Care policy you buy.

If you get a new job with health benefits, your coverage may not start right away. Employers and health maintenance organizations (HMOs) can require waiting periods before your health benefits begin.



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