BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of insurance should you purchase at the age of 60?
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Health
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Life
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Disability
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Long-Term Care
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Explanation:
Detailed explanation-1: -Generally speaking, most financial planners suggest that you purchase long-term care insurance by the time you’re 65, which is also when most people are eligible for Medicare. That’s not because Medicare covers long-term care, such as a stay at a nursing home-it doesn’t.
Detailed explanation-2: -Traditional LTC policies are available between ages 18 and 79.
Detailed explanation-3: -Long-term care insurance usually covers all or part of assisted living facilities and in-home care for people 65 or older or with a chronic condition that needs constant care.
There is 1 question to complete.