Question
There are three rules planners should consider when advising clients on purchasing long term care policies. Which rule does not belong? a.If a client has
There are three rules planners should consider when advising clients on purchasing long term care policies. Which rule does not belong?
| a.If a client has a net worth between $250,000 and $1.5 million, exclusive of the value of the home, long term care policy is not recommended. | ||
| b.If a client has a net worth between $250,000 and $1.5 million, exclusive of the value of the home, long term care policy is recommended. | ||
| c.If a client has a net worth in excess of $1.5 million, exclusive of the value of the home, long term care policy is not recommended, client should consider self-insuring. | ||
| d.If a client has a net worth below $250,000, exclusive of the value of the home, long term care policy is not recommended, client should consider self-insuring. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Trading Strategies For Capital Markets
Authors: Joseph Benning
1st Edition
0071726233
