All of the Following Statements About Individual Disability Income Policies

question 46

Multiple Choice

All of the following statements about individual disability income policies are true EXCEPT

• A)Premiums are often waived while a person is disabled but must be resumed if the insured recovers.
• B)At the time of purchase,the insured can choose the length of the benefit period from among several available options.
• C)In order to encourage rehabilitation,benefits may be continued during periods of vocational training.
• D)Most disability income insurance policies contain an elimination period of 10 or fewer days.

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Definitions:

Informational Roles

Pertains to the duties of gathering, processing, and disseminating information that leaders and managers have within an organization.

Archie B. Carroll

A scholar known for his work on corporate social responsibility, particularly the pyramid model that categorizes different aspects of CSR.

Immoral

Actions or behavior that are considered to be wrong or unethical according to societal norms.

Amoral

Amoral describes actions or individuals that are neutral in terms of morality, lacking a sense of right or wrong.