Which of the following statements regarding the medical reimbursement benefit available in some individual disability income policies is CORRECT?
A) The benefit is paid in addition to other benefits under the policy.
B) The benefit is a percentage of the monthly income benefit.
C) The benefit is only paid if the insured is still able to continue working.
D) The benefit is paid for a disabling illness.
Ans: The benefit is a percentage of the monthly income benefit.
You might also like to view...
Recorded title to a parcel of real property was vested in Mary Wilson, a single woman. After her marriage to John Roberts, she executed a deed to the property only in the name of Mary Roberts, a married woman. The discrepancy in the grantor's name is:
A: Immaterial so long as the property is adequately described; B: A defect which may cause a cloud on the title; C: Cured after the deed is on record for one year; D: A defect which could cause separate property of both spouses to become joint tenancy property.
Which of the following companies is (are) not recognized as the largest syndicated firm specializing in the collection of scanner data?
A) Nielsen B) Microsoft C) SymphonyIRI D) A and B E) A, B, and C