Long Term Care Exam
1. Agent Smith solicits a sale of long-term care insurance from his client, Jones. When must
Smith provide Jones with the outline of coverage? <Ans> Before the presentation of an application
or enrollment form
2. An event or condition that must occur before benefits are paid is called a benefit <Ans>
Trigger
3. The free-look period for long-term care insurance policies issued in Califor- nia is <Ans> 30
days
4. Long-term care policies must offer an inflation protection feature that pro- vides that benefit
levels will increase annually at a rate of at least <Ans> 5%
5. All of the following are considered to be activities of daily living (ADLs) under long-term care
insurance policies issued in California EXCEPT <Ans> Driving a car
6. Qualified long-term care insurance policies are entitled to special tax ad- vantages under
<Ans> both federal law and California law
7. Care that does not involve medical services and that is limited to assistance with the essential
needs of daily living such as walking, bathing, dressing, and eating is known as <Ans> custodial
care
8. In California, a long-term care insurance policy may be called a comprehen- sive policy if it
provides benefits for <Ans> facility care and home care
9. Under federal law, a chronically ill individual is someone who has been certified as being
unable to perform at least activities of daily living for at
least__________ days. <Ans> 2; 90
10. Which of the following programs uses an interdisciplinary team to provide and coordinate all
needed preventive, primary, acute, and long-term care services for an individual through a
comprehensive medical/social service delivery system? <Ans> PACE
11. An insured has a newly issued LTC policy with an effective date of April 1, 2021. A
preexisting condition disclosed on the application must be covered no later than <Ans> October 1,
2021
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1. Agent Smith solicits a sale of long-term care insurance from his client, Jones. When must
Smith provide Jones with the outline of coverage? <Ans> Before the presentation of an application
or enrollment form
2. An event or condition that must occur before benefits are paid is called a benefit <Ans>
Trigger
3. The free-look period for long-term care insurance policies issued in Califor- nia is <Ans> 30
days
4. Long-term care policies must offer an inflation protection feature that pro- vides that benefit
levels will increase annually at a rate of at least <Ans> 5%
5. All of the following are considered to be activities of daily living (ADLs) under long-term care
insurance policies issued in California EXCEPT <Ans> Driving a car
6. Qualified long-term care insurance policies are entitled to special tax ad- vantages under
<Ans> both federal law and California law
7. Care that does not involve medical services and that is limited to assistance with the essential
needs of daily living such as walking, bathing, dressing, and eating is known as <Ans> custodial
care
8. In California, a long-term care insurance policy may be called a comprehen- sive policy if it
provides benefits for <Ans> facility care and home care
9. Under federal law, a chronically ill individual is someone who has been certified as being
unable to perform at least activities of daily living for at
least__________ days. <Ans> 2; 90
10. Which of the following programs uses an interdisciplinary team to provide and coordinate all
needed preventive, primary, acute, and long-term care services for an individual through a
comprehensive medical/social service delivery system? <Ans> PACE
11. An insured has a newly issued LTC policy with an effective date of April 1, 2021. A
preexisting condition disclosed on the application must be covered no later than <Ans> October 1,
2021
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