Custodial Care
Definition of "Custodial care"
Assistance provided to a person in performing the basic daily necessities of life, such as dressing, eating, using a toilet, walking, bathing, and getting in and out of bed. This type of care does not require hospitalization for the treatment of a disease, illness, accident, or injury. Its cost may or may not be covered by health insurance.
Popular Insurance Terms
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Same as term Ceding Company: insurance company that transfers a risk to a reinsurance company. ...
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Arrangement by which the insured agrees to incur a given degree of variability in the ultimate total costs associated with financing its losses. ...
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