Some say that SmartLife VIA Willow Valley sounds a lot like Long-Term Care Insurance. They are not at all alike. There are significant differences between the two. SmartLife offers you a more comprehensive and cost-effective plan for long-term care protection, including access to Willow Valley Communities should your health care needs change and you require personal care or skilled nursing care.
|SmartLife||Long-Term Care Insurance|
|You have a Lifecare Coordinator who arranges for care when you need it.||You handle the phone calls, paperwork and coordinate your own care services.|
|There is no elimination period. The day you need help is the day you get help.||There is an elimination period before benefits begin (on average 100 days).|
|A decline in only one activity of daily living is needed to receive services.||You must need help with at least two activities of daily living before you can file a claim.|
|You are guaranteed care for life.||Most policies will have a time limit or monetary limit on the amount of care you can receive.|
|You are guaranteed the Willow Valley high-standard of care when needed.||You are not guaranteed care at the facility of your choice.|