Final answer:
The Long-term Care Partnership Program in Florida has several requirements for a policy, but a physical examination is not one of them.
Step-by-step explanation:
The correct answer is d) No requirement for a physical examination. This is because the other options listed – asset protection feature, inflation protection, and minimum benefit period – are all requirements for a policy in Florida's Long-term Care Partnership Program.
The Long-term Care Partnership Program allows individuals to protect their assets while receiving long-term care benefits through a special type of insurance policy. The program aims to provide individuals with an alternative way to pay for long-term care services and encourages the purchase of private long-term care insurance.
Physical examinations are not a requirement for a policy in this program, as the underwriting process focuses on the applicant's health history and may involve answering questions about current health conditions.