Discapacidad y Cuidado a Largo PlazoPregunta 660 de 716
In an LTC policy, choosing a longer elimination period will generally:
a.Extend the total benefit period
b.Eliminate the benefits entirely
c.Increase the premium, because the insurer must begin paying benefits much sooner after care starts
d.Lower the premium, because the insured self-funds care longer before benefits begin
Explicación
A longer elimination period means the insured pays out of pocket longer before benefits start, so the premium is lower. It does not remove benefits or lengthen the benefit period.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)