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Which of the Following Is True of Long-Term Care Insurance

Question 56

Multiple Choice

Which of the following is true of long-term care insurance?


A) Long-term-care policies do not reimburse the insured for the cost of services incurred on a day-to-day basis.
B) The maximum duration of benefits is only one year.
C) There is no waiting period to receive the benefits.
D) Most long-term-care insurance policies are non-renewable in nature.
E) Many policies offer inflation protection riders for an additional premium.

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