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    Risk Management and Insurance
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    Exam 16: Medical Expense and Disability Insurance
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    Long-Term Care Policies
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Long-Term Care Policies

Question 11

Question 11

Multiple Choice

Long-term care policies:


A) are not standardized
B) are purchased by more than 70% of U.S. senior citizens
C) provide coverage that is normally triggered by an inability of the insured to understand the ramifications of their actions
D) legal in only 38 states

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