Question

A Long-Term Care policy must offer a minimum benefit period of how many months?

1) 12
2) 18
3) 24
4) 30

Answer 1

Long-Term Care policies are required by regulation to offer a minimum benefit period of 12 months, ensuring policyholders have at least a year of coverage for long-term care services.

Step-by-step explanation:

The minimum benefit period that a Long-Term Care policy must offer is 12 months. This is the least amount of coverage that long-term care insurance policies are required to provide to policyholders for covered long-term care services. Insurance companies offer a variety of benefit periods, but the regulatory minimum established is to ensure that consumers have at least a year of coverage.