Which of the following statements is true regarding disability income
Which of the following statements is true regarding disability income insurance?
A) The purchase of disability income insurance is not necessary if you are covered under workers compensation.
B) Increasing the elimination period reduces the premium for disability income insurance.
C) Disability income insurance usually replaces 100 percent of lost income.
D) A uniform definition of disability appears in all disability income policies.
ANSWER
Answer: B
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