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All of the Following Statements About Long-Term Care Insurance Are

Question 1

Multiple Choice

All of the following statements about long-term care insurance are true EXCEPT


A) Premiums can be reduced by electing shorter elimination periods.
B) A common benefits trigger is the inability to perform a certain number of activities of daily living.
C) Protection against inflation is usually made available as an optional benefit.
D) Policies currently sold are guaranteed renewable.

Correct Answer:

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