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MATCHING: -A Policy That Pays a Fixed Monetary Benefit, Usually Per

Question 8

Multiple Choice

MATCHING:
-A policy that pays a fixed monetary benefit, usually per day, for a designated benefit period during which the insured generally receives care at home or in a nursing home


A) nursing home
B) assisted living facility
C) Social Security
D) Supplemental Security Income
E) Medicare
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Correct Answer:

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