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A disability income policy is designed to replace part of a disabled worker's earnings in the event of an accident or specified illness. Which of
A disability income policy is designed to replace part of a disabled worker's earnings in the event of an accident or specified illness. Which of the following statements is true regarding these types of policies?
Disability income policies provide a good means for getting medical expenses paid that were excluded on other health insurance policies.
Elimination periods are commonly part of disability income policies.
Disability income policies use coinsurance clauses to promote rate equity.
Disability income policies typically have a deductible of between $$
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