DISABILY INCOME POLICY

Question 1

WHAT IS DISABILTY

Answer 1

SUBSTITUTE PAY CHECK, IF PERSON BECOMES DISABLED

Question 2

WHAT PERCENTAGE OF INCOME CAN BE INSURED FOR DISABILTY

Answer 2

UP TO 70 % OF INCOME

Question 3

SHORT TERM DISABILITY

Answer 3

UNDER 2 YEARS, ONLY SOLD IN GROUP POLICIES

Question 4

LONG TERM DISABILTY

Answer 4

2 YEARS UP TO AGE 65, ONLYINDIVIDUALS CAN BUY

Question 5

HOW OFTEN IS DISABILTY INCOME PAID OUT

Answer 5

WEEKLY OR MONTHLY

Question 6

ELIMINATION PERIOD

Answer 6

TIME DEDUCTIBLE

Question 7

BENEFIT PERIOD

Answer 7

HOW LONG THE INSURED WANTS THE BENEFITS TO BE PAID

Question 8

BENEFIT AMOUNT

Answer 8

HOW MUCH THE INSURED WANTS TO BE PAID

Question 9

RECURRNET DISABILITY

Answer 9

IF INSURED IS TOTALLY DISABLE FOR A YEAR, RETURNS TO WORK, AND IS REINJURED IN 6 MONTHS- ELIMINATION PERIOD IS WAIVED

Question 10

PRESUMPTIVE DISABILTY

Answer 10

LOSS OF 2 LIMBS, SIGHT, HEARING AND SPEECH- TOTALLY DISABLE

Question 11

TEMPORAY DISABILTY

Answer 11

EXPECTED TO RECOVER- BROKEN LEG

Question 12

PARTIAL DISABILTY

Answer 12

TOTALLY DISABLED, GOES TO WORK PART TIME, 50% OF DISABILITY INCOME IS PAID FOR 6 MONTHS

Question 13

RESIDUAL DISABILTY

Answer 13

WHATEVER PERCENTAGE THE INSURED LOSES, WILL BE PAID BACK TO THEM WHEN THEY RETURN TO WORK AS RESIDUAL INCOME

Question 14

ACCIDENTAL BODILY INJURY

Answer 14

INJURY DUE TO AN ACCIDENT/ UNINTENDED

Question 15

ACCIDENTAL MEANS

Answer 15

CAUSE OF ACCIDENT WAS UNINTENDED/ UNFORESEEN

Question 16

OWN OCCUPATION TOTAL DISABILITY

Answer 16

INSURED CAN’T PERFORM THEIR IMMEDIATE JOB DUE TO DISABILTY

Question 17

ANY OCCUPATION TOTAL DISABILTY

Answer 17

INSURED CAN’T PERFORM A JOB BY VIRTURE OF EDUCATION TRAINING OR EXPERIENCE

Question 18

OCCUPATIONAL DISABILTY

Answer 18

INSURED IS COVERED ON OR OFF THE JOB

Question 19

NON- OCCUPATIONAL

Answer 19

INSURED ONLY COVERED OFF THE JOB