Practice Quiz

Health and Life Insurance

Category - Theory

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What is the purpose of long term care insurance?
  1. Provides coverage for death or injury resulting from accidents
  2. Pays for the care of persons with chronic diseases or disabilities
  3. Pays specified amounts on a daily weekly or monthly basis
  4. Pays coverage from an accident but does not cover illness
Explanation
Answer: B - The purpose of long term care insurance is to pay for the care of persons with chronic diseases or disabilities. Long term care insurance may also include a wide range of health and social services that are provided under the supervision of a medical professional. Care often covered includes nursing home care, home-based care, and respite care that is full-time care to impaired individuals for short periods of time for the rest and respite of the primary care giver.

Theory
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