What does the "Notice to buyer" on a long-term care policy inform the buyer about?

The "Notice to buyer" on a long-term care policy is designed to inform potential policyholders that there may be limitations on coverage. This is significant because long-term care insurance can be complex, and not all expenses related to long-term care may be eligible for reimbursement under the policy.

By specifying that some long-term care costs may not be covered, the notice ensures that buyers have a clear understanding of what to expect. This awareness helps policyholders avoid misunderstandings about their coverage and allows them to plan adequately for any potential out-of-pocket expenses that may arise from uncovered services. It's an important component of consumer protection within the insurance industry, ensuring that individuals make informed decisions before purchasing insurance products.

The other choices suggest absolutes or guarantees that are not universally applicable to all long-term care policies, which would misrepresent the nature of this insurance product.