Which of the following is a condition under which an insured cannot have their Long Term Care policy terminated?

A Long Term Care policy cannot be terminated based on the deterioration of an insured's physical health. This condition reflects the fundamental purpose of such policies, which is to provide coverage for individuals who may need assistance due to declining health. Insurance companies design these policies to ensure that they remain in force for insureds who genuinely require long-term care services, as these individuals are often the ones who need the coverage the most. The principle of protecting those with declining health supports the ethical obligations of insurers and the regulatory environment surrounding long-term care insurance.

In contrast, the other conditions can lead to the termination of the policy. An insured reaching a certain age may face policy expiration if that aligns with the terms of the contract. If an insured voluntarily cancels their policy, it indicates a personal decision rather than a condition leading to a forced termination. A change of residence can also influence coverage stipulations or could result in a policy being non-renewable depending on the insurer's guidelines.