Brittany is an engineer who purchased a disability insurance policy with coverage that provided for a $3,750
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Brittany is an engineer who purchased a disability insurance policy with coverage that provided for a $3,750 monthly benefit two years ago. Brittany, who was earning $75,000 annually at that time, had a future purchase option (FPO) rider as part of her policy that was guaranteed to 20% of original coverage. Brittany now earns $100,000 annually. What is the maximum additional benefit she could qualify for according to her policy? | ||
a) | $416 | |
b) | $750 | |
c) | $1,250 | |
d) | $2,083 |
Expert Answer:
Answer rating: 100% (QA)
Solution The correct answer is C 1250 Coverage 2 years ago was 3750 Earning tw... View the full answer
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