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Which of the following statements about long-term care insurance is (are) true?
Which of the following statements about long-term care insurance is (are) true?i. long-term care insurance is quite expensive, especially if purchased at older ages.
ii. purchasers have a choice of policies with different benefit amounts and benefit periods
Option i is true. Purchasinglong-term care insuranceat a later age might be very expensive.A daily amount (up to a pre-determined limit) is covered by long-term care insurancepoliciesfor services that helppolicyholderswith activities of daily living like eating, dressing, and bathing. You can choose from a variety of care plans and benefits to get the services you require, wherever you require them.If you don't havelong-term care insurance, you might spend all of your resources or be forced to rely only on family members. Because itsafeguardsyour possessions, relieves your loved ones of financial and emotional strain, and gives you choice over your health decisions, long-term care insurance is worthwhile.Know more aboutlong-term care insurancehere:brainly.com/question/14315206#SPJ4...