QuestionAugust 27, 2025

Which Long Term Care insurance statement is true? A. Inflation protection is usually not offered B. Pre-existing conditions must be covered after the coverage has been in force for six months C. Benefits are usually payable for alcohol rehabilitation D. Can only be offered to individuals under the age of 70

Which Long Term Care insurance statement is true? A. Inflation protection is usually not offered B. Pre-existing conditions must be covered after the coverage has been in force for six months C. Benefits are usually payable for alcohol rehabilitation D. Can only be offered to individuals under the age of 70
Which Long Term Care insurance statement is true?
A. Inflation protection is usually not offered
B. Pre-existing conditions must be covered after the coverage has been in force for six months
C. Benefits are usually payable for alcohol rehabilitation
D. Can only be offered to individuals under the age of 70

Solution
4.0(179 votes)

Answer

None of the statements are true. Explanation 1. Evaluate Statement A Inflation protection is often offered as an option in Long Term Care insurance policies to help benefits keep pace with rising costs. 2. Evaluate Statement B Pre-existing conditions are typically excluded for a certain period, but coverage after six months is not a standard requirement. 3. Evaluate Statement C Benefits for alcohol rehabilitation are generally not covered under Long Term Care insurance policies. 4. Evaluate Statement D Long Term Care insurance can be offered to individuals over the age of 70, though premiums may be higher and underwriting more stringent.

Explanation

1. Evaluate Statement A<br /> Inflation protection is often offered as an option in Long Term Care insurance policies to help benefits keep pace with rising costs.<br /><br />2. Evaluate Statement B<br /> Pre-existing conditions are typically excluded for a certain period, but coverage after six months is not a standard requirement.<br /><br />3. Evaluate Statement C<br /> Benefits for alcohol rehabilitation are generally not covered under Long Term Care insurance policies.<br /><br />4. Evaluate Statement D<br /> Long Term Care insurance can be offered to individuals over the age of 70, though premiums may be higher and underwriting more stringent.
Click to rate:

Similar Questions