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B) II Purchasers have a choice of daily benefits and benefit periods. only is true about long-term care insurance.
In the United States, the United Kingdom, and Canada, long-term care insurance (also known as LTC or LTCI) is a type of insurance that aids in covering the costs of long-term care. Care that is typically not covered by health insurance, Medicare, or Medicaid is covered by long-term care insurance.
Long-term care recipients typically aren't ill in the conventional sense but instead struggle with two of the six activities of daily living (ADLs), which include dressing, bathing, eating, going to the bathroom, maintaining continence, transferring (getting in and out of a chair or bed), and walking.
The requirement for long-term care is not determined by age. About 70% of those over 65 will need some kind of long-term care services at some point in their lives.
To know more about long-term care insurance:
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