Joe Smith is considering the purchase of a disability income policy and is deciding between two policies

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Joe Smith is considering the purchase of a disability income policy and is deciding between two policies sold by two different companies. Although both will pay until age 65 for disability arising out of sickness and for lifetime for disability resulting from accident, the cost of one policy is almost twice the other. What provisions in the two contracts would you advise Smith to compare?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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