Question: Jonas (age 50) is trying to decide between a long-term care policy with a 3-year benefit period (Policy A) and another with a $200,000 lifetime
Jonas (age 50) is trying to decide between a long-term care policy with a 3-year benefit period (Policy A) and another with a $200,000 lifetime benefit limit (Policy B). Both policies have identical elimination periods and premiums as well as 80% monthly benefit limits. Which policy should Jonas pick if he believes that long-term care will cost him $80,000 a year
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