Which Type of Insurance Programs Provide Replacement Income for an Employee

question 16

Multiple Choice

Which type of insurance programs provide replacement income for an employee who cannot return to work for an extended period of time due to illness or injury?

• A) HMO programs
• B) LTD programs
• C) PPO programs
• D) POS programs

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Definitions:

Dissolution

The process of legally dissolving a corporation or partnership, effectively ceasing its operations and business activities.

Partnership

A partnership refers to a lawful business structure operated by two or more people who jointly manage and share the profits.

Provisional Dissolution

The temporary termination of a company's legal existence, subject to certain conditions or pending outcomes.

Spain

A country located in southwestern Europe on the Iberian Peninsula, known for its rich history, diverse culture, and significant contributions to art, literature, and global exploration.