Which of the Following Is True About Disability Insurance

question 78

Multiple Choice

Which of the following is true about disability insurance?

• A)For most people, their emergency fund would look after them if they became disabled for a time.
• B)Most people have excellent disability insurance coverage from their group insurance at work.
• C)People under age 35 recover quickly and are less likely to become disabled than older people.
• D)Becoming disabled could be more financially devastating than losing your home.

---

Definitions:

Concurrent Jurisdiction

Jurisdiction that exists when two different courts have the power to hear a case. For example, some cases can be heard in either a federal or a state court.

Federal

Federal refers to the national level of government, and the system of government that unites states or provinces within a country under a central authority.

State Court

A court that is established by the laws of a state within the United States, having jurisdiction over matters specific to that state.

Diversity of Citizenship

A basis for federal court jurisdiction when parties in a lawsuit are citizens of different states or a foreign country, allowing for disputes to be heard in federal court.