Which of the Following Statements Is True About a Guaranteed

question 105

Multiple Choice

Which of the following statements is true about a guaranteed renewable long-term care policy?

• A) Benefits are taxable.
• B) Premiums are never tax deductible.
• C) The policy is non-cancellable.
• D) Premiums cannot be increased by the insurer unless they are increased for the entire rating class.
• E) Premiums cannot increase for any reason.

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Definitions:

Nonverbal

Relating to communication without the use of spoken language, involving gestures, facial expressions, and body language.

Chronic Pain

A persistent pain state that lasts for extended periods, often for more than three months, which may not respond well to standard treatment.

Widespread Tissue Damage

Extensive harm or injury to body tissues, which can result from various causes such as trauma, infection, or chronic diseases.

Nonpharmacological Pain-Relief

Methods for reducing pain without the use of medication, including physical therapy, relaxation techniques, and acupuncture.