Question

In: Finance

The amount of the monthly income benefit a policyowner receives under a disability income benefit is...

The amount of the monthly income benefit a policyowner receives under a disability income benefit is typically expressed as a

percentage of the life insurance coverage
flat amount, regardless of the amount of life insurance coverage
percentage of the insured’s monthly income from his occupation
dollar amount per $1,000 of life insurance coverage

Solutions

Expert Solution

It is option C . This is straight forward and no need of explanation.

Other options are not the correct one as not the income benefit


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