Harriet has purchased a long-term insurance policy.With a 3-month elimination period and an 80% benefit limit. If she is expecting

Question:

Harriet has purchased a long-term insurance policy.With a 3-month elimination period and an 80% benefit limit. If she is expecting her long-term care costs to be $120,000 a year.

How much of these costs will she need to cover herself in her first year of care?

Expert Answer:

Answer rating: 100% (QA)

To determine how much of the long term care costs Harriet will need to cover herself in the first ye

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