Which situation would most likely be covered by long-term disability insurance?A.Omar misses three days of work after having an accident on the job.B.Victoria misses work for nine months after suffering a bad injury.C.Elena takes six months off of work after having a second child.D.Diego takes three months off of work to help care for his aging father.SUBMITarrow_backPREVIOUS

Long-term disability plans provide income protection due to long-term illness or injury that is not work-related.Question 6Answera.FALSEb.TRUE

Which of the following statements about disability insurance is false?A longer elimination period will lower your premium cost.Disability insurance is not necessary if you have a good health insurance policy.Your coverage should be for 65% of your income.After college, short-term disability should be covered by your emergency fund of three to six monthsʹ worth of expenses, staying out of debt, and having a money plan.

Disability insurance would be most useful to a person who:A.loses expensive equipment in a house fire.B.owns property where people could get hurt.C.hurts another person in an automobile accident.D.cannot work after being badly injured.

Which type of insurance pays benefits to individuals who lose their ability to work due to injury or illness?Supplementary Income insuranceImpairment Income insuranceMedicaidDisability Income insurance

Insurance that helps a person pay bills if he or she is injured and unable to work is called _____ insurance.A.disabilityB.lifeC.titleD.liabilitySUBMITarrow_backPREVIOUS