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Which of the following statements is ( are ) true concerning benefit payments under long - term care insurance? I. Expense - incurred policies pay

Which of the following statements is

(

are

)

true concerning benefit payments under long

-

term care insurance?

I. Expense

-

incurred policies pay for actual charges up to a specified daily limit

.

.

Per diem policies pay a specified daily benefit regardless of the charges incurred.

neither I nor II

II only

both I and II

I only

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