Based on the Following Information, How Much Individual Disability Insurance

question 101

Multiple Choice

Based on the following information, how much individual disability insurance coverage per month would be required? ∙ Mortgage payment: $1600/month
∙ Household insurance: $100/month
∙ Car insurance: $200/month
∙ Gas and oil: $90/month ($30 commuting to and from work)
∙ Food: $200/month ($70 represents lunch at work, which would be reduced by half if the meals were prepared at home)
Employer disability insurance would provide $500/month and it is doubtful that anything would be received from either CPP or workers' compensation.

• A)$1525
• B)$21 250
• C)$1590
• D)$1625

---

Definitions:

Limbic System

Neural system (including the amygdala, hypothalamus, and hippocampus) located below the cerebral hemispheres; associated with emotions and drives.

Hippocampus

A region of the brain associated with memory formation, navigation, and emotional response.

Explicit Memories

Memories that can be consciously recalled, such as facts or events.

Chunking

A memory technique that involves organizing information into manageable and meaningful groups or units to enhance recall.