Question
Question 38 (1 point) Michelangelo, of the famed Ninja Turtles, purchased a disability policy that pays him a benefit of $1,200 a month for 60
Question 38 (1 point)\ Michelangelo, of the famed Ninja Turtles, purchased a disability policy that pays him a benefit of
$1,200
a month for 60 months. The policy has a 90-day waiting period, waiver of premium benefit and a recurrent disability clause. On July 1, 2016 Michelangelo was injured by a Katana Sword, and was off for 5 months, returning to his contract job at the end of the 2nd week of December. By mid - March of 2017, Michelangelo's July 1st, 2016 injury had recurred and he was forced to take a prolonged disability leave. What would have happened to Michelangelo's disability claim as a consequence of his initial disability period?\ He could restart his claim immediately, with no waiting period, but his maximum benefit period would be reduced by 2.5 months.\ He would have to wait another 90 days before qualifying to receive benefits, but he would still qualify for a maximum of 60 months of benefits.\ He could restart his claim immediately, with no waiting period, but his maximum benefit period would be reduced by 5.5 months.\ He would have to wait another 90 days before qualifying to receive benefits and would only qualify for a maximum of 57.5 months of benefits.
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