Management Notes

Reference Notes for Management

Frank is shopping for a disability income policy. Which of the following would have the HIGHEST premium?

Frank is shopping for a disability income policy. Which of the following would have the HIGHEST premium?

Looking for the answer to the question below related to  Management ?

Frank is shopping for a disability income policy. Which of the following would have the HIGHEST premium?

 Options:

a) 14 day waiting period / 5 year benefit period
b) 14 day waiting period / 10 year benefit period
c) 28 day waiting period / 5 year benefit period
d) 28 day waiting period / 10 year benefit period

The Correct Answer Is:

  • b) 14 day waiting period/10 year benefit period

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