Maynard earns $70,000 a year. Under his disability income policy, the maximum amount of monthly benefit he will receive is $7,000 a month. Under the relation of earnings to insurance provision, his disability income benefit will be
A) reduced, and all premiums paid to date will be considered earned premiums
B) paid in full
C) reduced, and he will be refunded for any premiums he paid for excess coverage
D) prorated, and he will receive $7,000 a month for a limited time period
Answer: C) reduced, and he will be refunded for any premiums he paid for excess coverage
Business
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A) Viral B) Electronic C) Institutional D) Stealth E) Social
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