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Explain the characteristics of long-term care insurance

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Question: Explain the characteristics of long-term care insurance, including, but not limited to the types of long-term care policies, triggers to become eligible for benefits, exclusions, and protection against inflation. Address any burdens you think it is attempting to relieve and how it benefits society and individuals. Discuss the role and motivations of insurance companies, as well as the ease in which individuals can access this insurance. Conclude with how well you think long-term care insurance will meet the needs of society and the economy in the coming future, including any alternative or additional recommendations you think should be adopted.

Reference no: EM133553516

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