Which of the following should you ask about when considering a long-term care insurance policy?

Question

Quizplus · Accepted Answer

All of these are important factors to consider when choosing a long-term care insurance policy. The daily benefit determines how much the policy will pay per day for care, the benefit period is the length of time the policy will pay benefits, the policy limit is the maximum amount the policy will pay over its lifetime, and the elimination period is the amount of time that must pass before the policy will begin to pay benefits. It is important to carefully consider each of these factors in order to choose a policy that best meets your needs.

Which of the Following Should You Ask About When Considering