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5 Tony is 35 years old and is applying to purchase individuality insurance. The insurance agent recommends a regular occupation policy: Tony Goes not want his waiting period to be more than one month as he does not want to use up Nis savings in the event of this disability. He believes that he needs $3,000 per month to take care of his family expenses in the event he is disabled. He makes a gross income of $6,000 per month and the agent recommends that he apply for a policy with a beneft of 60% of his gross income and benefit period to age 65. Tony la unhappy with the premium quoted by the agent What at the agent's best option to reduce the premium for the policy Increase the waiting period to 3 months Decrease his benefit amount to $3.000 per month Decrease the benefit period to 5 years & Change the policy definition from reputar Occupation' to "hay Occupation NEXT QUESTION professions Twin sisters. Alola and Trisha, wody for disabitley insurance. Allow works as a mechanic in an ao purage and Time is a chartered accountant. In what we will their ability contracts difer because of their They will be offered the same type of plan, but with different types of riders They will not be offered the same type of plan or optional coverage, but their rate per $1,000 of coverage will be They will be offered the same type of plan, but the rate of premium per $1,000 of coverage will differ 4. They will not be offered the same type of plan. Their basic and optional coverage offered AND their rate of premium per $1,000 of coverage will stier NEXT QUESTION SUBMIT EXAM 5 Tony is 35 years old and is applying to purchase individuality insurance. The insurance agent recommends a regular occupation policy: Tony Goes not want his waiting period to be more than one month as he does not want to use up Nis savings in the event of this disability. He believes that he needs $3,000 per month to take care of his family expenses in the event he is disabled. He makes a gross income of $6,000 per month and the agent recommends that he apply for a policy with a beneft of 60% of his gross income and benefit period to age 65. Tony la unhappy with the premium quoted by the agent What at the agent's best option to reduce the premium for the policy Increase the waiting period to 3 months Decrease his benefit amount to $3.000 per month Decrease the benefit period to 5 years & Change the policy definition from reputar Occupation' to "hay Occupation NEXT QUESTION professions Twin sisters. Alola and Trisha, wody for disabitley insurance. Allow works as a mechanic in an ao purage and Time is a chartered accountant. In what we will their ability contracts difer because of their They will be offered the same type of plan, but with different types of riders They will not be offered the same type of plan or optional coverage, but their rate per $1,000 of coverage will be They will be offered the same type of plan, but the rate of premium per $1,000 of coverage will differ 4. They will not be offered the same type of plan. Their basic and optional coverage offered AND their rate of premium per $1,000 of coverage will stier NEXT QUESTION SUBMIT EXAM