Which of the following is not a benefit trigger under long-term care policies?

a. ADLs

b. Financial need

c. Cognitive impairment

d. Medical necessity

Answer: b. Financial need

Pre-Licensing Insurance

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The pro rata liability clause is designed to protect the principle of
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The voluntary relinquishment of a legal right is called
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All of the following statements are true regarding installments for a fixed amount EXCEPT
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Which nonforfeiture option provides coverage for the longest period of time?
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