Other ways in which a life insurance policy can be leveraged to cover long-term care include purchasing a policy with an accelerated death benefit, or ADB. This is a feature that essentially allows you to get an advance on your death benefit to pay for care while you're alive.
In probability theory, the normal (or Gaussian) distribution is a very common continuous probability distribution. Normal distributions are important in statistics and are often used in the natural and social sciences to represent real-valued random variables whose distributions are not known.
Log-normal distribution. In probability theory, a log-normal (or lognormal) distribution is a continuous probability distribution of a random variable whose logarithm is normally distributed. Thus, if the random variable X {\displaystyle X} is log-normally distributed, then Y = ln â¡ ( X ) {\displaystyle Y=\ln(X)} has a normal distribution.