All of the Following Will Lower the Premium of Long-Term

question 60

Multiple Choice

All of the following will lower the premium of long-term care insurance, except

• A) having a longer waiting period before the policy goes into effect.
• B) having a higher stop-loss provision.
• C) waiting until you are retired to obtain the insurance.
• D) choosing to receive benefits for a limited period.

---

Definitions:

Specific Learning Goal

A clear and precise objective set to acquire certain knowledge or skills within a defined timeframe.

High Performance Goal

Objectives set to push the boundaries of current capabilities and drive superior performance outcomes.

Do Your Best Goal

A type of goal setting where individuals are encouraged to give their best effort without specific, measurable objectives.

Process Theories

Theories in psychology and management that focus on how people perceive and respond to different inputs and how this influences motivation and behavior.