Disability Income Insurance

Why is disability sometimes called the “living death?” Page 340

Which of the following is a function of disability income insurance? Page 340

Mary receives disability income benefits because she was hurt on the job unloading freight. She will collect under the policy as long as she is not able to unload freight. Which of the total disability definitions does Mary’s policy use? Page 342

Which of the following disability income policies combines both the “own occupation” and “any occupation” definitions of total disability to cover separate periods of a single disability? Page 342

What is the term for a condition, for example, loss of two limbs, total and permanent blindness, or loss of speech and hearing, that automatically qualifies an insured for total disability even if the insured is able to work? Page 343

All of the following are correct statements about the probationary period under disability policies except: Page 343

Which of the following is a correct statement about the probationary period under disability policies? Page 344

All of the following are correct statements about the benefit period under disability policies except: Page 344

What is the typical benefit amount under a disability income policy? Page 345

Which of the following is an example of a confining disability? Page 345

When a person is not totally disabled and can perform one or more important duties of his or her occupation, the disability is said to be: Page 346

Which of the following is not a correct statement about partial disability? Page 346

All of the following are correct statements about recurrent disabilities except: Page 347

Misty is a receptionist. She takes a tumble on the ski slopes and does not appear to be injured. A week later she begins having headaches, later dizziness and slurred speech. Within a month she is diagnosed with a severe brain injury, and her language skills are impaired. Which of the following types of disability does Misty have? Page 347

Elderly Fred suffers a back injury and is in traction for two months, during which time he develops pneumonia. Can Fred collect double disability benefits as a result of his accident and his sickness? Page 347-348

Are nondisabling injuries covered under disability income policies? Page 348

Which of the following are short-term benefits available under a disability income policy with an additional premium paid? Page 348

All of the following are correct statements about key person disability insurance except: Page 349

Which of the following expenses would not be covered by a business overhead expense policy? Page 350