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Which best describes long-term care insurance? It...

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Finance

Which best describes long-term care insurance?

It only covers costs if someone needs to be placed in a long-term care facility.

It provides a lump sum payment if you are diagnosed with an illness specified in the insurance contract.

It provides an income if you need assistance with the everyday tasks of daily living.

It reimburses specific expenses if you need assistance with everyday tasks of daily living.

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