Management Notes

Management Notes

Reference Notes for Management

What is the elimination period of an individual disability policy?

What is the elimination period of an individual disability policy?

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What is the elimination period of an individual disability policy?

What is the elimination period of an individual disability policy?

 Options:

  1. Time period an insured must wait before coverage begins
  2. Time period a disabled person must wait before benefits are paid
  3. Time period after the policy issue date in which the provisions are still contestable
  4. The point in time when benefits are no longer payable

The Correct Answer Is:

b. Time period a disabled person must wait before benefits are paid

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