Question

According to Indiana law, which party is

responsible for determining the appropriateness of
a Long Term Policy presented to a potential
Applicant?
a) Insurance Company
b) Applicant
c) Producer
d) Indiana Long Term Care Partnership Program

Answer 1

Under Indiana law, the Insurance Company is responsible for determining the appropriateness of a Long Term Care Policy for an applicant.The correct option is A.

Step-by-step explanation:

According to Indiana law, the party responsible for determining the appropriateness of a Long Term Care Policy presented to a potential Applicant is the Insurance Company. It is incumbent upon the insurance company to ensure that the policy meets state regulations and is suitable for the applicant's needs. The producer (or insurance agent) has a responsibility to accurately present the policy and answer questions, but ultimately, it is the insurance company that is charged with the task of determining the appropriateness of the coverage being offered.