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. |
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