Which of the Following Statements Regarding Long-Term-Care Insurance Is True

question 57

Multiple Choice

Which of the following statements regarding long-term-care insurance is true?

• A) Long-term-care policies do not reimburse the insured for the cost of services incurred on a day-to-day basis.
• B) The maximum duration of benefits is only 1 year.
• C) There is no waiting period to receive the benefits.
• D) Most long-term-care insurance policies are non-renewable in nature.
• E) Many policies offer inflation protection riders for an additional premium.

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