IFoA SP1 Practice Questions - IFoA SP1 Health And Care Specialist Principles Exam

Long-term care (LTC) insurance is primarily designed to fund which need?

The cost of personal and nursing care for those unable to perform activities of daily living The cost of acute surgical treatment in a private hospital Lost earnings following a short-term accident A lump sum on diagnosis of any cancer

Correct Answer:

The cost of personal and nursing care for those unable to perform activities of daily living

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