Welfare state · Question 2 of 59
Which type of insurance does long-term care insurance belong to?
1 answer is correct. Easy
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Answer
- A social insurance
Explanation
Long-term care insurance, introduced in 1995, is the youngest branch of statutory social insurance. It helps when people permanently need care. Household contents, liability and fire insurance are private insurance policies; statutory accident insurance is a separate branch of social insurance alongside long-term care insurance.