Which of the Following Is Correct Regarding Long-Term Care Insurance

question 95

Multiple Choice

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

• A)It has an elimination period before owners are eligible to have their long-term care costs covered.
• B)It is relatively inexpensive and good value for those over age 60.
• C)It covers most Canadians over age 65 who receive care due to a long-term health problem.
• D)It offers standard coverage and insurance premiums.

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Definitions:

Submission

in a professional or academic context, refers to the act of presenting a document, proposal, or piece of work for review or consideration.

Records

Documented information or data that is collected and maintained as evidence of activities, transactions, or decisions.

Tensions

The mental or emotional strain caused by conflicting thoughts, situations, or feelings.

Electronic Meetings

Meetings conducted using digital tools and platforms, allowing participants to interact in real-time without being physically present in the same location.