Long Term Care Certification Practice Test

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Prepare for the Long Term Care Certification Test. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready for a rewarding career in long-term care!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

If an insured's long-term care policy has a 10-day free-look period, but their state mandates a 30-day period, what happens?

The free-look period will be extended to 30 days
The free-look period will remain at 10 days
The insurer will lose the ability to enforce the free-look period
The insured must comply with the state law only

The correct answer is: The free-look period will remain at 10 days

In this scenario, if an insured's long-term care policy has a 10-day free-look period, but the state law mandates a 30-day period, the correct outcome is that the free-look period will be extended to comply with the state law. This situation arises because insurance policies must adhere to state regulations, which often provide more favorable terms for consumers than those offered by insurance companies. The rationale behind the state-mandated period is to give consumers a sufficient window to review the policy, ask questions, and ensure that it meets their needs. If the state dictates a longer free-look period than the insurer provided, the insurer must adjust accordingly to follow the state law, which is designed to protect the policyholder's rights. Thus, the correct choice reflects that the free-look period will be extended to the minimum required by the state, ensuring that the insured has the full benefit of the statutory protections.