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Managing Restoration of Benefits Provisions in LTCI Policies

Managing Restoration of Benefits Provisions in LTCI Policies Restoration of Benefits ROB: the provision of a long-term care policy that allows policyholders to restore their maximum benefit ...
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Description: Restoration of Benefits ROB: the provision of a long-term care policy that allows policyholders to restore their maximum benefit period after they have used some or nearly all of their policy benefits to pay for a covered claim event. This is a provision that should be managed closely.
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- Authors: Stephen R La Pierre
- Date: Sep 2010
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance

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Managing Restoration of Benefits Provisions in LTCI Policies