Long Term care Insurance Quiz! Trivia
Here is the Long Term Care Insurance Quiz. Taking up the insurance is a way of preventing the burden of the cost incurred when a risk occurs on a client's side. When one takes out long term care insurance, they are guaranteed care when they go to a nursing home, and it covers the services they get there, such as medical care. This quiz seeks to help see how much you know about the benefits, acquisition, and need.
- 1.How will having long term insurance benefit you?
- A.
You can get the quality care you need.
- B.
You can maintain your independence.
- C.
It can relieve financial stress and caregiving burdens from those around you.
- 2.How much can a private nursing home range from per year?
- A.
$40,000 - $60,000
- B.
$60,000 - $ 80,000
- C.
$80,000 - $100,000
- D.
$100,000 - $120,000
- 3.How will many people end up paying for long term care insurance?
- A.
Savings Account
- B.
Retirement Fund
- 4.How can you buy long term care insurance?
- A.
Your employer
- B.
An association
- C.
A membership group
- D.
An agent
- 5.There is a _____ chance that you will needlong term care after the age of 65.
- 6.A home health aid costs ____ per hour.
- 7.Many people think their health insurance or a government program will cover it.
- A.
True
- B.
False
- 8.A good time to buy long term care insurance is when you are in your 40 to 50’s.
- A.
True
- B.
False
- 9.Long term care is paid for extended nursing care when a person can not live independently and needs hospitalization.
- A.
True
- B.
False
Questions: 35 | Attempts: 10590 | Last updated: Jan 27, 2016
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