Long Term Care Training

Question 1

A financial representative can assist the underwriter in expediting the long term care application through he underwriting process by?

Answer 1

All 3

Question 2

Although Each State

Answer 2

all 3

Question 3

all three of northwestern mutual long term care

Answer 3

expense reimbursement

Question 4

a face to face assesment is required

Answer 4

true

Question 5

which of the following suitability

Answer 5

everything but electronic funds transfer

Question 6

which of the following products is eligible for dividends

Answer 6

all

Question 7

standalone LTC provides cost efficent

Answer 7

true

Question 8

Standalone LTC and LTA policies must be delivered within 30 days?

Answer 8

true

Question 9

what are considered personal identifiers for PHI?

Answer 9

all of the above

Question 10

Hipaa requirements ofr hippa covered products include?

Answer 10

all of the above

Question 11

northwestern and northwestern lokng term care insurance company have four suitability standards

Answer 11

true

Question 12

long term care proudcts are eligible for dividends

Answer 12

all but dividiends must be used to reduce premiums

Question 13

long term advantage is a stand alone long term care insurance product?

Answer 13

false

Question 14

an optional additonal benefit?

Answer 14

false

Question 15

our long term care products provide financial assistance for acute care?

Answer 15

false

Question 16

quiet care is offered throught northwestern long term care

Answer 16

true

Question 17

for standalone LTC?

Answer 17

all but premiums can never be raised.

Question 18

a medical condition that is progressive in occurrence?

Answer 18

chronic condition

Question 19

which statements best describe the tax treatment of tax qualified long term care insurance policies?

Answer 19

all but premiums are always deductible

Question 20

in order to sell long term care insurance?

Answer 20

-proudct must be aproved in state
-series 6