LONG TERM CARE CERTIFICATION
TRAINING (8HRS)
To determine whether or not long-term care policies can be considered similar policy forms, they
are classified as all of the following EXCEPT - ✔✔Independent
When referri
...
LONG TERM CARE CERTIFICATION
TRAINING (8HRS)
To determine whether or not long-term care policies can be considered similar policy forms, they
are classified as all of the following EXCEPT - ✔✔Independent
When referring to an activity of daily living, the term "transferring" means - ✔✔Moving in or
out of bed, wheelchair or chair
All of the following are factors that point to an increasing need for long-term care insurance
EXCEPT - ✔✔Family and friends are not reliable
Which of the following best describes taxation of long-term care premiums? - ✔✔Premiums are
tax deductible up to 10% of adjusted gross income
Which of the following will qualify as an exceptional increase in policy premium rates? -
✔✔Changes in laws that affect all insurers of similar products
Who must develop and maintain standards for long-term care insurance client suitability? -
✔✔The insurance company
In 1996, upon retirement at age 65, a retired executive purchased a long-term care insurance
benefits. What taxes are due? - ✔✔None
All of the following factors will increase a prospect's long-term care insurance premium
EXCEPT - ✔✔Increasing elimination period
Which of the following would be the best long-term care facility choice for a person who needs
the most specialized care? - ✔✔Nursing home
A husband has one long-term care plan and his wife h
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