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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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