Definitions for "Benefit amount"
This is how much you will recieve from the policy. Also the waiver of the Premium if you become ill or disabled and therefore are out of work. After six months (usually) the premium is waived by the insurance company until you return to work
Amount paid to insured at the time of claim.
is the tax-free amount that will be paid out by the policy - see also Sum Insured.
the maximum amount of long term care insurance that the policyholder feels is necessary to meet his/her needs.
The maximum an insurance company will pay for covered service per a designated unit of time (usually per day, per week, or per month).
Keywords:  level, see
See benefit level.