Which of the Following Changes Would Tend to Increase the Premium

question 49

Multiple Choice

Which of the following changes would tend to increase the premium on a disability policy?

• A)A shorter elimination period
• B)Use of "any occupation" definition of disability instead of "own occupation to which one is reasonably suited"
• C)Decreasing the benefit level to 50% from 66% of prior earnings
• D)Decreasing the payment period until age 65 to a maximum of 2 years
• E)Mandatory disability insurance in which the employer pays the entire premium

---

Definitions:

Encode

A process of converting data into a format that can be stored, processed, or transmitted.

Process

A series of actions or steps taken to achieve a particular end.

Retrieve Information

The process of accessing and bringing to consciousness information stored in memory.

Applied Research

A type of research aimed at resolving practical problems through scientific inquiry, translating findings into actionable solutions.