Management Notes

Reference Notes for Management

The monthly benefit for an individual disability income policy is usually limited to a percentage of the insured’s income in order to avoid

The monthly benefit for an individual disability income policy is usually limited to a percentage of the insured's income in order to avoid

The monthly benefit for an individual disability income policy is usually limited to a percentage of the insured’s income in order to avoid

 Options:

  1. claims
  2. the elimination period
  3. over insurance
  4. adverse selection

The Correct Answer Is:

  • over insurance

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