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      Question

      A form of long-term care policy that covers a

      policyholder’s stay in a nursing facility is called?
      A Nursing Home Insurance Correct Answer Incorrect Answer
      B Kidnap/Ransom Insurance Correct Answer Incorrect Answer
      C Inland Marine Insurance Correct Answer Incorrect Answer
      D Nuclear Insurance Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Long-term care (LTC) insurance is coverage that provides nursing-home care, home-health care, personal or adult day care for individuals above the age of 65 or with a chronic or disabling condition that needs constant supervision. LTC insurance offers more flexibility and options than many public assistance programs.

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