California Life and Health Insurance Practice Exam

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Study for the California Life and Health Insurance Exam. Practice with flashcards and multiple-choice questions, each question has hints and explanations. Get ready for your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is a common requirement to qualify for long-term care insurance?

Being over the age of 60
Having a chronic illness
Being eligible for Medicare
Having a life insurance policy

The correct answer is: Having a chronic illness

To qualify for long-term care insurance, having a chronic illness is often a common requirement. Long-term care insurance is designed to cover assistance for individuals who cannot perform basic daily activities due to physical or cognitive impairments, which can be associated with chronic illnesses. This condition indicates a need for potential long-term care services, making it a relevant criterion for eligibility. While age can play a role, being over the age of 60 is not a strict requirement, as individuals younger than this can also require long-term care. Similarly, being eligible for Medicare does not determine qualification for long-term care insurance, as Medicare primarily covers acute care rather than long-term custodial care. Additionally, merely having a life insurance policy does not correlate with qualifying for long-term care insurance, as these two types of coverage serve different purposes and are assessed on different criteria.