What Are The Main Characteristics Of Long-term Disability Insurance? Long-term disability insurance pays a percentage of your salary, usually 50 to 60%, depending on the policy. The benefits last until you can go back to work or for the number of years stated in the policy. Some policies pay out as long as you are
What Is The Primary Factor That Determines The Benefits Paid Under A Disability Income Policy? What is the primary factor that determines the benefits paid under a disability income policy? Wages. (The major factor in determining the benefit amount paid under a disability income policy is wages.) In what form to disability income policies typically
A Person In Ill Health Who Purchases Disability Insurance? Disability insurance benefits are based on a percentage of your income. The more you earn, the more benefits you will be able to collect if you become disabled. As a result, high-income earners present a greater financial risk to the insurance company. What is the difference