The difference between a Chronic or Critical Care Rider (CCCR) and a true Long Term Care Rider (LTCR) is that the impairment, whatever it may be, must be expected to be permanent in order to qualify for benefits under a CCCR.
The result is some clients who need temporary care wouldn’t have benefits under their CCCR, while they may have been covered under a true LTCR.
When we take a closer look at both LTCRs and CCCRs in an effort to truly understand the nuances that exist, we discover there is much, much more to the story.
The reality is that there are five distinct types of riders that all claim to do basically the same thing. The fact that they’re lumped into only two groups is really just the tip of the iceberg.