American_Bankers_Association
CTFA · Question #372
CTFA Question #372: Real Exam Question with Answer & Explanation
The correct answer is A. 90 to 100 days. See the full explanation below for the reasoning.
Question
Even if the policy's requirements are met, the insured must pay long-term care expenses during waiting, or elimination period. Typical waiting periods are:
Options
- A90 to 100 days
- B80 to 90 days
- C60 to 70 days
- D70 to 100 days
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