Chapter 11 Disability income and related insurance

Question 1

After the elimination. A totally disabled insured qualify for benefits from a disability income policy that has a waiver of premium writer. What will happen to the premium that was paid into the policy during the elimination.

Answer 1

Premium will be refunded

Question 2

What is the own occupation disability?

Answer 2

Insured inability to perform duties of their current job or an occupation for which