Choose the Word or Phrase in [ ] Which Will

question 119

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-Disability income insurance is designed to [replace some of your income | pay medical bills] when you are disabled.

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Definitions:

Cash Flow Estimation

The process of forecasting the inflow and outflow of cash for a business, project, or investment over a specified period, crucial for budgeting and financial planning.

Constant Rate

A fixed rate at which something occurs, such as growth or decline, over a particular period of time.

Parent-Subsidiary Organization

A corporate structure in which a parent company owns a controlling interest in one or more subsidiary companies, allowing for centralized governance and operational synergy.

Liabilities

Financial obligations or debts that a company or individual owes to others, which need to be settled over time.