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[Solved]: With regard to the differences between accelerated…

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With regard to the differences between accelerated riders that provide benefits for chronic care and those that provide benefits for qualified long-term care, all of the following are true EXCEPT: a. Recoverable conditions, such as complications following a surgery, would be covered under an LTC rider but may not be eligible for claim under a chronic illness rider. b. Long-term care riders must include certain “consumer protections” that do not have to be included in chronic illness riders. c. Benefits paid under a chronic illness rider reduce the base policy’s death benefit; benefits paid under a qualified long-term care rider have no effect on the base policy’s death benefit. d. Chronic illness riders pay benefits as an indemnity; long-term care riders can pay their benefits as either an indemnity or as a reimbursement.

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