Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Some long-term care policies now provide nonforfeiture options. Which one of the following is the benefit of a nonforfeiture option?

A. It gives the insured party a choice of ways to use the cash value if the policy is terminated.
B. It allows an incapacitated insured to stop paying premiums while receiving benefits and keeps the policy in force with full coverage.
C. It prohibits the insurer from canceling a policy just because an insured's health has changed.
D. It provides that the daily benefit is automatically increased by a specified percentage for a number of years.

Sagot :

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.