What is a requirement for Long Term Care Insurance coverage?

Long Term Care Insurance is specifically designed to provide coverage for individuals who need assistance with everyday tasks due to chronic illnesses, disabilities, or cognitive impairments. A central requirement for accessing benefits under such a policy is that the insured must be unable to perform at least two of the six activities of daily living (ADLs). These activities typically include bathing, dressing, toileting, transferring, eating, and continence.

This criterion is essential because it establishes the level of care required by the insured. It recognizes that long-term care is often necessary when individuals cannot manage these basic self-care tasks independently. The focus on ADLs underscores the purpose of long-term care insurance, which is to support individuals in maintaining their quality of life when they are no longer able to manage essential daily functions.

Other options mention factors like age or employment status, which do not directly relate to the fundamental purpose of long-term care insurance, making them irrelevant to the coverage requirements. For example, the policy is available to individuals over 65, those who are not terminally ill, and it does not hinge on the insured's work status. Therefore, the requirement involving the inability to perform ADLs is the correct answer because it directly pertains to the need for long-term care assistance.