To protect against a disabled person receiving more income by
being disabled than they can earn by working, most group disability
plans will offset policy benefits with any of the following
benefits, EXCEPT:
Wage continuation plansMedicaidEdward has been treated for
kidney stones in the past. He is applying for disability benefits.
His agent should explain to him that he might have which of the
following added to his policy:A longer elimination period for
benefitsA waiting or probationary period before disabilities
related to his pre-existing condition is covered.Carl is unable to
work due to a medical condition. He has been confined to his home
for four months and wants to begin the process for filing a
disability claim with Social Security. All of the following are
true EXCEPT:He should wait until he has completed 5 months of
waiting.He should be eligible for Medicare before he applies.A
business overhead expense policy will cover all of the following
expenses EXCEPT:Copy machine lease50% of the owner’s salaryLarry,
Moe and Curly are equal partners in a business that has been valued
at $500,000 by their accountant. None of the three want to be in
business with their partner’s families in the event one is
disabled. The business entity should purchase which of the
following?Three Disability Buy-Sell policies for $100,000 each
. .
The post To protect against a disabled person receiving more
income by being disabled than they can earn by working, most group
disability plans will offset policy benefits with any of the
following benefits, EXCEPT: appeared first on allaplusessays.com.
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The post To protect against a disabled person receiving more income by being disabled than they can earn by working, most group disability plans will offset policy benefits with any of the following benefits, EXCEPT: first appeared on nursing writers.
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