Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. with regard to long term care insurance, which of

With regard to long term care insurance, which of the following statements is true? ...

60.1K

Verified Solution

Question

Finance

With regard to long term care insurance, which of the following statements is true?

Question 12 options:

A lump sum benefit amount is paid if the life insured contracts a serious life-altering illness as she ages.

The insurance carrier uses the activities of daily living as the measuring criteria to determine if the life insured qualifies for benefits.

The life insured must be able to demonstrate that she simply can no longer care for herself in order to qualify for benefits.

The life insured must incur a severe and prolonged disability, as judged by the insurance carrier, in order to qualify for benefits.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A single drop of water has the fate of ending up one day in urine. Once...

Medical Sciences
Q

Write Real Life application for Hydraulic Pressure Control Valve using sequence valve in about 300 words?

Mechanical Engineering
Q

In Susan Glaspell’s 1916 play, Trifles, there seem to be many signs that Minnie Wright is...

Psychology
Q

Determining of property tax rate The county legislature approved the budget for 2019. Revenues from property taxes...

Accounting
Q

Imagine a cell experiences an insertional mutation involving the addition of one or more nucleotides...

Biology
Q

An electron photomicrograph of a newly discovered cell shows long projections with a basal body...

Biology
Q

Using the graph below solve the quadratic equation 6x 36x 51 x 6x 11 5...

Algebra
Q

Lopez Company reported the following current-year data for its...

Accounting
Q

Kalani Corporation is planning to issue bonds with a face value of $504,500 and a...

Accounting
Q

The number of new products developed might be a measure on this section of the...

Accounting
Q

faster. straight answer tq. Kerispatih Holding is evaluating two mutually exclusive projects that...

Finance
Q

Gary wants to buy a rusty car that is 80% off. The original price is...

Finance