Which statement accurately describes group disability income insurance

Have you ever struggled to answer the question “which statement accurately describes group disability income insurance” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.

Which statement accurately describes group disability income insurance

Options:

  • a) There are no participation requirements for employees.
  • b) Short-term plans provide benefits for up to 1 year.
  • c) The extent of benefits is determined by the insured’s income.
  • d) In long-term plans, monthly benefits are limited to 75% of the insured’s income.

The Correct Answer Is:

  • c) The extent of benefits is determined by the insured’s income.

Conclusion

The answer to your question “which statement accurately describes group disability income insurance” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various Insurance topics.

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