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Author Question: Which of the following statements is (are) true concerning benefit payments under long-term care ... (Read 77 times)

bobbysung

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on: Jul 11, 2018
Which of the following statements is (are) true concerning benefit payments under long-term care insurance?
 
  I. Expense-incurred policies pay for actual charges up to a specified daily limit.
  II. Per diem policies pay a specified daily benefit regardless of the charges incurred.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about long-term care insurance is (are) true? I. Long-term care insurance is inexpensive, especially if purchased at older ages. II. Purchasers have a choice of daily benefits and benefit periods.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


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enass

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


bobbysung

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Reply 2 on: Jul 11, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
:D TYSM

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