Custodial Care
Question: What level of long-term care is provided to assist an individual with ADLs?
Answer: Custodial care
Custodial care is provided to assist an individual with ADLs.
Question: Most long-term care policies require the insured be unable to perform at least:
Answer: 2 ADLs
Activities of daily living (ADLs) include bathing, dressing, eating, mobility, transferring, toileting, and continence. Most long-term care (LTC) policies specify that an insured must be unable to perform at least two ADLs, or be cognitively impaired.
Question: All of the following are ways long-term care coverage may be offered, EXCEPT:
Answer: AD&D rider
Long-term care policies can be issued in several forms. These include: individual policies, group policies, and as a rider on a life insurance policies.
Question: Which of the following is an optional benefit under long-term care policies?
Answer: Guarantee of insurability
Nonforfeiture options
Inflation protection
Optional benefits under long-term care (LTC) plans include: guarantee of insurability, return of premium, hospice care, nonforfeiture options, and inflation protection.
Question: Diane is 75 years of age and needs some assistance with preparing meals and bathing. She is the wife of a multi-millionaire. Which of the following policies would you recommend to her?
Answer: Long-term care
Long-term care policies provide coverage for custodial care. Diane would not be a good candidate for nursing home assistance through Medicaid because she is wealthy.