Centerville was first settled by Thomas Grover in the fall of 1847. The community was originally known as Deuel Settlement, but was renamed to Cherry Creek after the Cherry family arrived.
Full Indemnity Policy. With a full indemnity policy (sometimes called a flexible cash benefit or cash model), once you simply require long term care the insurance company pays you a monthly benefit. You receive these payments regardless of your actual expenses. Imagine your policy provides a $6,000 monthly benefit.
1 Daily or Monthly Benefit Amount. 2  This is the amount available to pay for long-term care costs, either stated in terms of a daily or monthly maximum. 3  For example, a benefit of $100 a day will pay for up to $100 of covered care and services. 4  Benefit Period. 5  This is the length of time a plan will pay the benefit amount.