Which of the following is not an allowable exclusion for long-term insurance policies?
Asked by: Brady Simonis | Last update: August 21, 2025Score: 4.6/5 (53 votes)
Which of the following is excluded in a long-term care insurance policy?
Many long-term care policies exclude coverage for the following: Mental and nervous disorders or diseases (except organic brain disorders) Alcoholism and drug addiction.
Which of the following is not covered under a long term policy?
The correct answer is option A. Acute care in a hospital is not typically covered under a long-term care policy. Long-term care policies are designed to provide coverage for individuals who require assistance with daily activities and prolonged care due to chronic illnesses, disabilities, or cognitive impairments.
Which of the following is not a standard exclusion in life insurance policies?
The correct answer is Disability, which is typically covered rather than excluded in life insurance policies. The other options listed, such as War and Military Service, Aviation, and Hazardous Occupation, are standard exclusions. Therefore, Disability is the only option not considered a standard exclusion.
Which of the following types of care is typically not covered in a long term?
Home care is not covered or. Home Care Only. These policies are required to cover Home Health Care, Adult Day Care, Personal Care, Homemaker Services, Hospice Services and Respite Care but care in a Nursing Facility or Residential Care Facilities/Residential Care Facilities for the Elderly is not covered or.
Are There Any Exclusions or Limitations in My Life Insurance Policy? - InsuranceGuide360.com
What are common exclusions found in LTC policies?
- Mental illness, however, the policy may NOT exclude or limit benefits for Alzheimer's Disease, senile dementia, or demonstrable organic brain disease.
- Intentionally self-inflicted injuries.
- Alcoholism and drug addiction.
What does long-term insurance not cover?
Long-term care insurance typically doesn't cover care provided by family members. It also usually doesn't cover medical care costs—those are typically covered by private health insurance and/or Medicare.
Which of the following is not a common policy exclusion?
Final answer:
Among the listed options, 'Disability' is not a standard exclusion in life insurance policies. Hazardous occupation, war and military service, and aviation are typically standard exclusions.
What are exclusions in term insurance?
Understanding the inclusion and exclusion clauses in term insurance is crucial for anyone purchasing a policy in India. Inclusions are the events or circumstances under which the policy will pay out, while exclusions are those under which the policy will not pay out.
What is an example of an exclusion on an insurance policy?
Some examples of often-excluded services include cosmetic surgery, vasectomies, weight-loss drugs and bariatric surgery, abortion, acupuncture, dental care on a health insurance policy, etc. But some policies cover services that others exclude, so there's variation from one plan to another.
What is not designed to provide coverage for long-term care insurance?
Long-term care insurance isn't designed to cover the extensive medical care often associated with a terminal illness. It's also not intended to pay for end-of-life care (e.g., hospice care), which is often covered by Medicare, Medicaid, and private health insurance plans.
What all are not covered in term insurance?
Term insurance does not cover deaths within the suicide clause period and those resulting from non-disclosure of material information, engaging in hazardous activities, or criminal acts by the insured. Term insurance is an excellent way to ensure the financial well-being of your loved ones in case of any eventuality.
Which of the following is not considered long-term care?
Final answer:
The question refers to different levels of long-term care. While custodial, intermediate, and skilled nursing care are common types of long-term care, hospitalization care is typically not included in these categories as it deals with short-term critical conditions rather than chronic ones.
Which benefit would be typically excluded under a long-term care policy quizlet?
Under a Long Term Care policy, which benefit would be typically excluded or limited? Addictive behavior rehabilitation is normally excluded or limited under a Long Term Care policy.
What is excluded from coverage?
An exclusion is an event (peril, accident, incident, or accusation) that an insurance policy will not cover. A standard insurance policy will typically include some exclusions.
What is a non qualified long-term care policy?
HIPAA requires LTC insurance policies comply with its guidelines to be considered “qualified” LTC insurance. As such, qualified LTC insurance policies are generally regulated as accident and health. Policies that do not meet these requirements are considered to be non-qualified LTC insurance policies.
What are exclusions for?
Definition: Exclusions are the cases for which the insurance company does not provide coverage. These are the conditions excluded from the insured event to avoid losses to the company.
Which of the following is not typically excluded from life policies?
Final answer: Death due to a plane crash for a fare-paying passenger is typically NOT excluded from life insurance policies, whereas death while involved in a felony, due to war and military service, and self-inflicted deaths often are.
Which loss is not a common exclusion to a life insurance policy?
Final answer: Hazardous occupations are not common exclusions to a life insurance policy, unlike accidental death, military service, and aviation.
Which of the following is not an exclusion normally found in a health policy?
Old age is not a standard exclusion in a health policy.
What are some of the exceptions or exclusions in a title insurance policy?
Some exceptions on the title policy can be difficult or perhaps even impossible to remove. Common examples include certain types of liens, oftentimes involving bankruptcy and foreclosure; easements; encroachments; and covenants, conditions, restrictions, and zoning requirements.
What are the risk exclusions?
A business-risk exclusion is a rule in some insurance policies that says they won't cover certain things that happen in a business. This includes things like damage to the business's product, problems with contracts, or recalls of products.
What is excluded in a long-term care policy?
Attempted suicide or an intentionally self-inflicted injury. Resulting from alcoholism or drug addiction (except for an addiction to a prescription medication when administered in accordance with the advice of a Physician). War or any act of war, whether declared or not.
What is not covered in term plan?
Death due to Pre-existing Health Concerns:
Even death occurring due to terminal illnesses is not covered under a term plan. These can include diseases such as fourth-stage cancer, particular kinds of diabetes, etc.
Which of the following statements about long-term care is true?
Final answer:
The true statement about longterm care is that most conditions in longterm care facilities are chronic. Longterm care can take place in various settings, including in-home care, but is not exclusively home-based.