Question

The cost of a long-term care policy is based on all of the following EXCEPT

1. age
2. health condition
3. level of benefits provided
4. personal income.

Answer 1

The cost of a long-term care policy is based on age, health condition, level of benefits provided, and personal income.

Step-by-step explanation:

The cost of a long-term care policy is based on several factors, including age, health condition, level of benefits provided, and personal income. These factors help insurance companies determine the level of risk and potential costs associated with insuring an individual for long-term care.