Which one of the following is true with regard to how long-term care insurance policies deal with inflation in the cost of long-term care services?

Which one of the following is true with regard to how long-term care insurance policies deal with inflation in the cost of long-term care services?



A. Virtually no long-term care insurance policies help protect against inflation.


B. Most long-term care policies offer "guaranteed renewability."


C. Some plans allow insureds to purchase additional amounts of insurance in the future without evidence of insurability.


D. Long-term care insurers negotiate long-term, fixed price contracts with service providers.



Answer: C

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