Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

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Shared Care

A rider available with Long Term Care insurance policies. Both partners applying must purchase the rider and be issued identical policies. If one policyholder uses all of his/her pool of money, the Shared Care rider allows him/her access to the other's unused pool of money.